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

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

9 January 2019, 09:20
Jiming Huang
0
90

cad

Pivot (invalidation): 1.3270

Our preference

Short positions below 1.3270 with targets at 1.3195 & 1.3170 in extension.

Alternative scenario

Above 1.3270 look for further upside with 1.3310 & 1.3340 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

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