(20 AUGUST 2018)USD/CAD:The downside prevails.

(20 AUGUST 2018)USD/CAD:The downside prevails.

20 August 2018, 09:37
Jiming Huang
0
11

cad

Pivot (invalidation): 1.3095

Our preference

Short positions below 1.3095 with targets at 1.3045 & 1.2995 in extension.

Alternative scenario

Above 1.3095 look for further upside with 1.3125 & 1.3160 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL) 

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