(09 JULY 2018)USD/CAD:Key resistance at 1.3110.

(09 JULY 2018)USD/CAD:Key resistance at 1.3110.

9 July 2018, 09:32
Jiming Huang
0
14

cad

Pivot (invalidation): 1.3110

Our preference

Short positions below 1.3110 with targets at 1.3070 & 1.3055 in extension.

Alternative scenario

Above 1.3110 look for further upside with 1.3125 & 1.3150 as targets.

Comment

The RSI is mixed to bearish.

(By Swissquote TRADING CENTRAL) 

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