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

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

31 January 2019, 08:56
Jiming Huang
0
45

cad

Pivot (invalidation): 1.3185

Our preference

Short positions below 1.3185 with targets at 1.3115 & 1.3060 in extension.

Alternative scenario

Above 1.3185 look for further upside with 1.3220 & 1.3260 as targets.

Comment

A break below 1.3115 would trigger a drop towards 1.3060

(By Swissquote TRADING CENTRAL)


Share it with friends: