(12 OCTOBER 2018)USD/CAD:Intraday support around 1.3010.

(12 OCTOBER 2018)USD/CAD:Intraday support around 1.3010.

12 October 2018, 09:34
Jiming Huang
0
50

cad

Pivot (invalidation): 1.3010

Our preference

Long positions above 1.3010 with targets at 1.3050 & 1.3070 in extension.

Alternative scenario

Below 1.3010 look for further downside with 1.2980 & 1.2955 as targets.

Comment

The RSI lacks downward momentum

(By Swissquote TRADING CENTRAL) 

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