Astorz Trading USD/CAD Forex Analysis 11/27/2020

USD/CAD Forex Analysis 11/27/2020

USD/CAD Forex Analysis 11/27/2020

Pivot

1.3010

USD/CAD Forex Analysis 11/27/2020
USD/CAD Forex Analysis

Pivot

1.3010

USD/CAD may loose 31 to 46 pips 

Our preference

Short positions below 1.3010 with targets at 1.2970 & 1.2955 in extension.

Alternative scenario

Above 1.3010 look for further upside with 1.3025 & 1.3040 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

1.3040

1.3025

1.3010

1.3001 Last

1.2970

1.2955

1.2935


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