USD/CAD,D1

Pivot: 1.2645

Analysis:

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

• Time frame: D1
• Recommendation: long position
• Entry point: 1.2645
• Take Profit 1: 1.2810
• Take Profit 2: 1.2950

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

1.3050 ------------ 1.2420

1.2950 ------------ 1.2250

1.2810 ------------ 1.2130

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