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

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

13 February 2019, 08:51
Jiming Huang
0
14

cad

Pivot (invalidation): 1.3235

Our preference

Short positions below 1.3235 with targets at 1.3170 & 1.3150 in extension.

Alternative scenario

Above 1.3235 look for further upside with 1.3255 & 1.3275 as targets.

Comment

The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)


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