Contributors Technical Analysis USD/CAD: Under Pressure

USD/CAD: Under Pressure

Pivot (invalidation): 1.3540

Our preference Short positions below 1.3540 with targets at 1.3490 & 1.3470 in extension.

Alternative scenario Above 1.3540 look for further upside with 1.3565 & 1.3590 as targets.

Comment As Long as the resistance at 1.3540 is not surpassed, the risk of the break below 1.3490 remains high.

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