(10 OCTOBER 2018)USD/CAD:The downside prevails.

(10 OCTOBER 2018)USD/CAD:The downside prevails.

10 October 2018, 09:29
Jiming Huang
0
51

cad

Pivot (invalidation): 1.2965

Our preference

Short positions below 1.2965 with targets at 1.2910 & 1.2885 in extension.

Alternative scenario

Above 1.2965 look for further upside with 1.3005 & 1.3030 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)

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