USD/CAD Intraday: rebound.

Trading Central 2020-11-19 12:05:05

Pivot: 1.3060

Our preference: long positions above 1.3060 with targets at 1.3120 & 1.3140 in extension.

Alternative scenario: below 1.3060 look for further downside with 1.3030 & 1.3000 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

1.3170

1.3140

1.3120

1.3088 Last

1.3060

1.3030

1.3000

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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