(31 JULY 2019) USD/CAD:The downside prevails.

(31 JULY 2019) USD/CAD:The downside prevails.

31 July 2019, 08:57
Jiming Huang
0
87

ca

Pivot (invalidation): 1.3155

Our preference

Short positions below 1.3155 with targets at 1.3115 & 1.3100 in extension.

Alternative scenario

Above 1.3155 look for further upside with 1.3170 & 1.3185 as targets.

Comment

The RSI shows downside momentum.

(By Swissquote TRADING CENTRAL)

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