(25 JUNE 2018)USD/CAD:Key resistance at 1.3310.

(25 JUNE 2018)USD/CAD:Key resistance at 1.3310.

25 June 2018, 09:54
Jiming Huang
0
57

cad

Key resistance at 1.3310.

(By Swissquote TRADING CENTRAL) 

Pivot (invalidation): 1.3310

Our preference

Short positions below 1.3310 with targets at 1.3255 & 1.3225 in extension.

Alternative scenario

Above 1.3310 look for further upside with 1.3345 & 1.3380 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.3310

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