(25 October 2019)USD/CAD Under pressure.

(25 October 2019)USD/CAD Under pressure.

25 October 2019, 08:43
Jiming Huang
0
71

ca
Pivot
 (invalidation): 1.3085
Our preference
Short positions below 1.3085 with targets at 1.3055 & 1.3045 in extension.
Alternative scenario
Above 1.3085 look for further upside with 1.3105 & 1.3120 as targets.
Comment
As Long as the resistance at 1.3085 is not surpassed, the risk of the break below 1.3055
remains high.

(By Swissquote TRADING CENTRAL)