FX.co ★ USD/CAD analysis for November 19, 2019 - Strong rejection of the main pivot suport at the price of 1.3195, watch for buying opportunities

USD/CAD rejected from my main multi-pivot support at the price of 1.3195. I do expect further upside movement and potential test of resistance at 1.3268.

My advice is to watch for potential buying opportunities on the dips on the lower frames 15/30 minutes time-frame with the main target at the price of 1.3268.

MACD oscillator is showing bullish divergence on the 4H time-frames, which is good sign that sellers went "too short" and that buyers started with buying orders.