(02 OCTOBER 2018)USD/CAD:Key resistance at 1.2830.

(02 OCTOBER 2018)USD/CAD:Key resistance at 1.2830.

2 October 2018, 09:07
Jiming Huang
0
48

cad

Pivot (invalidation): 1.2830

Our preference

Short positions below 1.2830 with targets at 1.2780 & 1.2755 in extension.

Alternative scenario

Above 1.2830 look for further upside with 1.2860 & 1.2890 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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