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HomeContributorsTechnical AnalysisUSD/CAD: Intraday Support Around 1.2790

USD/CAD: Intraday Support Around 1.2790

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 1.2790

Our preference Long positions above 1.2790 with targets at 1.2830 & 1.2850 in extension.

Alternative scenario Below 1.2790 look for further downside with 1.2770 & 1.2750 as targets.

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

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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