7867712 9/12/2017 2:26 PM, USD/CAD Intraday: the downside prevails.


Pivot: 1.2160


Our preference:

short positions below 1.2160 with targets at 1.2055 & 1.2000 in extension.


Alternative scenario:

above 1.2160 look for further upside with 1.2205 & 1.2245 as targets.


Comment:

the RSI shows downside momentum.


Supports and resistances:


1.2245 ***

1.2205 ***

1.2160 ***


1.2100

Last

1.2055 **

1.2000 *

1.1970 *