7871257 9/13/2017 6:58 AM, USD/CAD Intraday: the upside prevails.


Pivot: 1.2125


Our preference:

long positions above 1.2125 with targets at 1.2205 & 1.2245 in extension.


Alternative scenario:

below 1.2125 look for further downside with 1.2075 & 1.2000 as targets.


Comment:

the RSI lacks downward momentum.


Supports and resistances:


1.2300 ***

1.2245 ***

1.2205 ***


1.2172

Last

1.2125 **

1.2075 **

1.2000 *