<h2 class="wp-block-heading">USD/CAD Forex Analysis 11/27/2020</h2>



<p><strong>Pivot</strong></p>



<p><strong>1.3010</strong></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img src="https://astorz.com/wp-content/uploads/2022/04/USD-CAD_800x533_L_1417095865.webp" alt="USD/CAD Forex Analysis 11/27/2020" class="wp-image-48763"/><figcaption>USD/CAD Forex Analysis</figcaption></figure></div>


<p><strong>Pivot</strong></p>



<p><strong>1.3010</strong></p>



<p><strong>USD/CAD may loose 31 to 46 pips ;</strong></p>



<p><strong>Our preference</strong></p>



<p><strong>Short positions below 1.3010 with targets at 1.2970 &; 1.2955 in extension.</strong></p>



<p><strong>Alternative scenario</strong></p>



<p><strong>Above 1.3010 look for further upside with 1.3025 &; 1.3040 as targets.</strong></p>



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<p><strong>Comment</strong></p>



<p><strong>The RSI shows downside <a href="https://www.ig.com/fr/apprendre-a-trader/technical-analysis/le-momentum--qu-est-ce-que-c-est--" target="_blank" data-type="URL" data-id="https://www.ig.com/fr/apprendre-a-trader/technical-analysis/le-momentum--qu-est-ce-que-c-est--" rel="noreferrer noopener">momentum</a>.</strong></p>



<p><strong>Supports and resistances</strong></p>



<p><strong>1.3040</strong></p>



<p><strong>1.3025</strong></p>



<p><strong>1.3010</strong></p>



<p><strong>1.3001 Last</strong></p>



<p><strong>1.2970</strong></p>



<p><strong>1.2955</strong></p>



<p><strong>1.2935</strong></p>



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USD/CAD Forex Analysis 11/27/2020
