(12 SEPTEMBER 2018)USD/CAD:Under pressure.

(12 SEPTEMBER 2018)USD/CAD:Under pressure.

12 September 2018, 10:29
Jiming Huang
0
49

cad

Pivot (invalidation): 1.3105

Our preference

Short positions below 1.3105 with targets at 1.3035 & 1.3000 in extension.

Alternative scenario

Above 1.3105 look for further upside with 1.3130 & 1.3150 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL) 

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