Monday, 27 January 2020

USDCAD: Are we nearing top? 27-Jan-2020

CMP: 1.3183; Sup: 1.2951/1.3032
As per the Hourly Chart, I suppose, we are nearing top. Upside normal target 1.3186-1.3222. Extension can be 1.3281-1.3304.
But I expect reversal between 1.3186-1.3222. Let us wait and see how this is going to unfold.

Reversal downside target can be 1.3150-1.3127 initially. Normal target 1.3091-1.3030.

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