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

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

2 January 2019, 13:59
Jiming Huang
0
87

cad

Pivot (invalidation): 1.3640

Our preference

Short positions below 1.3640 with targets at 1.3605 & 1.3590 in extension.

Alternative scenario

Above 1.3640 look for further upside with 1.3660 & 1.3680 as targets.

Comment

The RSI calls for a new downleg

(By Swissquote TRADING CENTRAL)