(18 JANUARY 2019)USD/CAD:Key resistance at 1.3300.

Pivot (invalidation): 1.3300

Our preference

Short positions below 1.3300 with targets at 1.3245 & 1.3220 in extension.

Alternative scenario

Above 1.3300 look for further upside with 1.3320 & 1.3340 as targets.

Comment

As Long as the resistance at 1.3300 is not surpassed, the risk of the break below 1.3245

remains high. 

(By Swissquote TRADING CENTRAL)