(30 JANUARY 2019)USD/CAD:Intraday support around 1.3240.

(30 JANUARY 2019)USD/CAD:Intraday support around 1.3240.

30 January 2019, 08:55
Jiming Huang
0
52

cad

Pivot (invalidation): 1.3240

Our preference

Long positions above 1.3240 with targets at 1.3285 & 1.3305 in extension.

Alternative scenario

Below 1.3240 look for further downside with 1.3215 & 1.3200 as targets.

Comment

A support base at 1.3240 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)

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