(29 JULY 2019)USD/CAD:Key resistance at 1.3175.

(29 JULY 2019)USD/CAD:Key resistance at 1.3175.

29 July 2019, 09:02
Jiming Huang
0
43

ca

Pivot (invalidation): 1.3175

Our preference

Short positions below 1.3175 with targets at 1.3150 & 1.3135 in extension.

Alternative scenario

Above 1.3175 look for further upside with 1.3200 & 1.3220 as targets.

Comment

The index currently faces a challenging resistance area at 1.3175.

(By Swissquote TRADING CENTRAL)


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