7882624 9/15/2017 8:43 AM, USD/CAD Intraday: under pressure.


Pivot: 1.2215


Our preference:

short positions below 1.2215 with targets at 1.2155 & 1.2130 in extension.


Alternative scenario:

above 1.2215 look for further upside with 1.2240 & 1.2265 as targets.


Comment:

even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.


Supports and resistances:


1.2265 ***

1.2240 **

1.2215 ***


1.2179

Last

1.2155 **

1.2130 **

1.2105 **