USD/CAD,D1

Pivot: 1.2615

Analysis:

While the price is above 1.2420, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 1.2615
• Take Profit 1: 1.2715
• Take Profit 2: 1.2810

Alternative scenario:

If the level 1.2420 is broken-down, follow the recommendations below:

• Time frame: D1
• Recommendation: short position
• Entry point: 1.2420
• Take Profit 1: 1.2250
• Take Profit 2: 1.2130

Comment:

RSI shows the possibility of an uptrend in the medium term.

Key levels:

Resistance ---- Support

1.2950 --------- 1.2420

1.2810 --------- 1.2250

1.2715 --------- 1.2130

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