(24 OCTOBER 2018)USD/CAD:Under pressure.

(24 OCTOBER 2018)USD/CAD:Under pressure.

24 October 2018, 11:05
Jiming Huang
0
62

cad

Pivot (invalidation): 1.3115

Our preference

Short positions below 1.3115 with targets at 1.3055 & 1.3025 in extension.

Alternative scenario

Above 1.3115 look for further upside with 1.3135 & 1.3150 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL) 

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