(14 AUGUST 2019)USD/CAD:Key resistance at 1.3240

Pivot
 (invalidation): 1.3240
Our preference
Short positions below 1.3240 with targets at 1.3205 & 1.3180 in extension.
Alternative scenario
Above 1.3240 look for further upside with 1.3260 & 1.3290 as targets.
Comment
As Long as the resistance at 1.3240 is not surpassed, the risk of the break below 1.3205
remains high.

(By Swissquote TRADING CENTRAL)