(23 NOVEMBER 2018)USD/CAD:Key resistance at 1.3215.

(23 NOVEMBER 2018)USD/CAD:Key resistance at 1.3215.

23 November 2018, 08:54
Jiming Huang
0
54

cad

Pivot (invalidation): 1.3215

Our preference

Short positions below 1.3215 with targets at 1.3175 & 1.3150 in extension.

Alternative scenario

Above 1.3215 look for further upside with 1.3240 & 1.3270 as targets.

Comment

As Long as the resistance at 1.3215 is not surpassed, the risk of the break below 1.3175

remains high. 

(By Swissquote TRADING CENTRAL)