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 Analysis USD/CAD for Tuesday to Nov. 5, 2019




USD/CAD Intraday: the upside prevails.
Pivot: 1.3135

Our preference: long positions above 1.3135 with targets at 1.3170 & 1.3185 in extension.

Alternative scenario: below 1.3135 look for further downside with 1.3125 & 1.3105 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1.3195
1.3185
1.3170
1.3146 Last
1.3135
1.3125
1.3105


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