(11 JANUARY 2019)USD/CAD:Watch 1.3175.

(11 JANUARY 2019)USD/CAD:Watch 1.3175.

11 January 2019, 09:09
Jiming Huang
0
70

cad

Pivot (invalidation): 1.3250

Our preference

Short positions below 1.3250 with targets at 1.3175 & 1.3150 in extension.

Alternative scenario

Above 1.3250 look for further upside with 1.3270 & 1.3300 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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