(11 FEBRUARY 2019)USD/CAD:Key resistance at 1.3305.

(11 FEBRUARY 2019)USD/CAD:Key resistance at 1.3305.

11 February 2019, 08:50
Jiming Huang
0
14

cad

Pivot (invalidation): 1.3305

Our preference

Short positions below 1.3305 with targets at 1.3260 & 1.3230 in extension.

Alternative scenario

Above 1.3305 look for further upside with 1.3330 & 1.3355 as targets.

Comment

A break below 1.3260 would trigger a drop towards 1.3230.

(By Swissquote TRADING CENTRAL)

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