(24 October 2019)USD/CAD Key resistance at 1.3090.

(24 October 2019)USD/CAD Key resistance at 1.3090.

24 October 2019, 08:57
Jiming Huang
0
65
ca

USD/CAD
Key resistance at 1.3090.
Pivot
 (invalidation): 1.3090
Our preference
Short positions below 1.3090 with targets at 1.3060 & 1.3045 in extension.
Alternative scenario
Above 1.3090 look for further upside with 1.3105 & 1.3120 as targets.
Comment
As Long as the resistance at 1.3090 is not surpassed, the risk of the break below 1.3060
remains high.

(By Swissquote TRADING CENTRAL)