7852975 9/7/2017 12:35 PM, USD/CAD ST: the downside prevails.


Pivot: 1.2780


Our preference:

short positions below 1.2780 with targets at 1.1920 & 1.1700 in extension.


Alternative scenario:

above 1.2780 look for further upside with 1.3020 & 1.3200 as targets.


Comment:

the RSI is bearish and calls for further decline.


Supports and resistances:


1.3200 **

1.3020 **

1.2780 ***


1.2400

Last

1.1920 ***

1.1700 **

1.1460 ***