(13 DECEMBER 2018)USD/CAD:Key resistance at 1.3380.

Pivot (invalidation): 1.3380

Our preference

Short positions below 1.3380 with targets at 1.3320 & 1.3290 in extension.

Alternative scenario

Above 1.3380 look for further upside with 1.3420 & 1.3445 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.3380.

(By Swissquote TRADING CENTRAL)