(25 FEBRUARY 2019)USD/CAD:Under pressure.

(25 FEBRUARY 2019)USD/CAD:Under pressure.

25 February 2019, 08:54
Jiming Huang
0
52

cad

Pivot (invalidation): 1.3170

Our preference

Short positions below 1.3170 with targets at 1.3120 & 1.3085 in extension.

Alternative scenario

Above 1.3170 look for further upside with 1.3200 & 1.3225 as targets.

Comment

The RSI is bearish and calls for further decline

(By Swissquote TRADING CENTRAL)


Share it with friends: