(18 DECEMBER 2018)USD/CAD:Intraday support around 1.3385.

(18 DECEMBER 2018)USD/CAD:Intraday support around 1.3385.

18 December 2018, 08:51
Jiming Huang
0
53

cad

Pivot (invalidation): 1.3385

Our preference

Long positions above 1.3385 with targets at 1.3420 & 1.3445 in extension.

Alternative scenario

Below 1.3385 look for further downside with 1.3370 & 1.3345 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 

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