(27 JUNE 2019)USD/CAD:Key resistance at 1.3145.

(27 JUNE 2019)USD/CAD:Key resistance at 1.3145.

27 June 2019, 08:50
Jiming Huang
0
56

ca

Pivot (invalidation): 1.3145

Our preference

Short positions below 1.3145 with targets at 1.3100 & 1.3085 in extension.

Alternative scenario

Above 1.3145 look for further upside with 1.3165 & 1.3185 as targets.

Comment

As Long as the resistance at 1.3145 is not surpassed, the risk of the break below 1.3100

remains high. 

(By Swissquote TRADING CENTRAL)