(05 FEBRUARY 2019)USD/CAD:The downside prevails.

(05 FEBRUARY 2019)USD/CAD:The downside prevails.

5 February 2019, 13:27
Jiming Huang
0
19

cad

Pivot (invalidation): 1.3140

Our preference

Short positions below 1.3140 with targets at 1.3085 & 1.3065 in extension.

Alternative scenario

Above 1.3140 look for further upside with 1.3165 & 1.3185 as targets.

Comment

The RSI calls for a drop.

(By Swissquote TRADING CENTRAL)

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