(22 JULY 2019)USD/CAD:Under pressure.

(22 JULY 2019)USD/CAD:Under pressure.

22 July 2019, 09:05
Jiming Huang
0
46

ca

Pivot (invalidation): 1.3075

Our preference

Short positions below 1.3075 with targets at 1.3045 & 1.3030 in extension.

Alternative scenario

Above 1.3075 look for further upside with 1.3095 & 1.3110 as targets.

Comment

As Long as 1.3075 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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