(22 JULY 2020)USD/CAD Under pressure.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.3475 Our preference</p>
<p>Short positions below 1.3475 with targets at 1.3420 &amp; 1.3400 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.3475 look for further upside with 1.3500 &amp; 1.3520 as targets.</p>

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