(07 DECEMBER 2018)USD/CAD:The downside prevails.

(07 DECEMBER 2018)USD/CAD:The downside prevails.

7 December 2018, 09:11
Jiming Huang
0
15

cad

Pivot (invalidation): 1.3400

Our preference

Short positions below 1.3400 with targets at 1.3365 & 1.3350 in extension.

Alternative scenario

Above 1.3400 look for further upside with 1.3420 & 1.3445 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL) 


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