(23 OCTOBER 2018)USD/CAD:Key resistance at 1.3130.

(23 OCTOBER 2018)USD/CAD:Key resistance at 1.3130.

23 October 2018, 09:30
Jiming Huang
0
13

cad

Pivot (invalidation): 1.3130

Our preference

Short positions below 1.3130 with targets at 1.3075 & 1.3045 in extension.

Alternative scenario

Above 1.3130 look for further upside with 1.3165 & 1.3200 as targets.

Comment

A break below 1.3075 would trigger a drop towards 1.3045.

(By Swissquote TRADING CENTRAL) 

Share it with friends: