(08 JANUARY 2019)USD/CAD:The downside prevails.

(08 JANUARY 2019)USD/CAD:The downside prevails.

8 January 2019, 09:23
Jiming Huang
0
63

da

Pivot (invalidation): 1.3330

Our preference

Short positions below 1.3330 with targets at 1.3265 & 1.3220 in extension.

Alternative scenario

Above 1.3330 look for further upside with 1.3365 & 1.3400 as targets.

Comment

The RSI is bearish and calls for further downside

(By Swissquote TRADING CENTRAL) 


Share it with friends: