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 analysing USD/CAD for Thursdayto Dec. 12, 2019



USD/CAD Intraday: under pressure.
Pivot: 1.3195

Our preference: short positions below 1.3195 with targets at 1.3145 & 1.3125 in extension.

Alternative scenario: above 1.3195 look for further upside with 1.3225 & 1.3250 as targets.


Comment: the RSI shows downside momentum.


Supports and resistances:

1.3250
1.3225
1.3195
1.3170 Last
1.3145
1.3125
1.3100
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