(15 JULY 2019)USD/CAD:Under pressure.

(15 JULY 2019)USD/CAD:Under pressure.

15 July 2019, 08:52
Jiming Huang
0
55

ca

Pivot (invalidation): 1.3045

Our preference

Short positions below 1.3045 with targets at 1.3020 & 1.3010 in extension.

Alternative scenario

Above 1.3045 look for further upside with 1.3055 & 1.3070 as targets.

Comment

As Long as the resistance at 1.3045 is not surpassed, the risk of the break below 1.3020

remains high. 

(By Swissquote TRADING CENTRAL)