(15 OCTOBER 2018)USD/CAD:Caution

(15 OCTOBER 2018)USD/CAD:Caution

15 October 2018, 09:25
Jiming Huang
0
54

cad

Pivot (invalidation): 1.3015

Our preference

Long positions above 1.3015 with targets at 1.3050 & 1.3070 in extension.

Alternative scenario

Below 1.3015 look for further downside with 1.3000 & 1.2980 as targets.

Comment

A support base at 1.3015 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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