7857714 9/8/2017 12:07 PM, USD/CAD Intraday: capped by a negative trend line.


Pivot: 1.2150


Our preference:

short positions below 1.2150 with targets at 1.2030 & 1.1980 in extension.


Alternative scenario:

above 1.2150 look for further upside with 1.2200 & 1.2245 as targets.


Comment:

the RSI has broken down its 30 level.


Supports and resistances:


1.2245 ***

1.2200 ***

1.2150 ***


1.2080

Last

1.2030 **

1.1980 *

1.1900 *