(28 JANUARY 2019)USD/CAD:The downside prevails.

(28 JANUARY 2019)USD/CAD:The downside prevails.

28 January 2019, 08:54
Jiming Huang
0
51

cad

Pivot (invalidation): 1.3240

Our preference

Short positions below 1.3240 with targets at 1.3180 & 1.3155 in extension.

Alternative scenario

Above 1.3240 look for further upside with 1.3270 & 1.3300 as targets.

Comment

The RSI advocates for further downside.

(By Swissquote TRADING CENTRAL)

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