(22 JUNE 2018)USD/CAD:Turning down.

(22 JUNE 2018)USD/CAD:Turning down.

23 June 2018, 03:56
Jiming Huang
0
13

cad

Turning down. 

 (By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1.3330

Our preference

Short positions below 1.3330 with targets at 1.3265 & 1.3235 in extension.

Alternative scenario

Above 1.3330 look for further upside with 1.3365 & 1.3400 as targets.

Comment

The RSI lacks upward momentum.

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