(23 JANUARY 2019)USD/CAD:Intraday support around 1.3315.

(23 JANUARY 2019)USD/CAD:Intraday support around 1.3315.

23 January 2019, 09:07
Jiming Huang
0
62

cad

Pivot (invalidation): 1.3315

Our preference

Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension.

Alternative scenario

Below 1.3315 look for further downside with 1.3280 & 1.3250 as targets.

Comment

A support base at 1.3315 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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