(11 December 2020)USD/CAD The downside prevails.

<p>Pivot</p>
<p>&nbsp;(invalidation): 1.2770 Our preference</p>
<p>Short positions below 1.2770 with targets at 1.2700 &amp; 1.2670 in extension.</p>
<p>Alternative scenario</p>
<p>Above 1.2770 look for further upside with 1.2790 &amp; 1.2810 as targets.</p>

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