(21 October 2019)USD/CAD Watch 1.3115.

(21 October 2019)USD/CAD Watch 1.3115.

21 October 2019, 08:54
Jiming Huang
0
61

ca
Pivot
 (invalidation): 1.3145
Our preference
Short positions below 1.3145 with targets at 1.3125 & 1.3115 in extension.
Alternative scenario
Above 1.3145 look for further upside with 1.3160 & 1.3180 as targets.
Comment
A break below 1.3125 would trigger a drop towards 1.3115. The pair has repeatedly failed to
break above the key resistance at 1.3145.

(By Swissquote TRADING CENTRAL)

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