(13 SEPTEMBER 2018)USD/CAD:Key resistance at 1.3040.

(13 SEPTEMBER 2018)USD/CAD:Key resistance at 1.3040.

13 September 2018, 09:38
Jiming Huang
0
54

cad

Pivot (invalidation): 1.3040

Our preference

Short positions below 1.3040 with targets at 1.2975 & 1.2935 in extension.

Alternative scenario

Above 1.3040 look for further upside with 1.3075 & 1.3115 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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