(25 OCTOBER 2018)USD/CAD:Turning down.

(25 OCTOBER 2018)USD/CAD:Turning down.

25 October 2018, 09:15
Jiming Huang
0
53

cad

Pivot (invalidation): 1.3060

Our preference

Short positions below 1.3060 with targets at 1.3000 & 1.2965 in extension.

Alternative scenario

Above 1.3060 look for further upside with 1.3080 & 1.3100 as targets.

Comment

The RSI is capped by a bearish trend line.

(By Swissquote TRADING CENTRAL) 

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