(04 November 2019)USD/CAD Target 1.3095.

(04 November 2019)USD/CAD Target 1.3095.

4 November 2019, 09:11
Jiming Huang
0
29

ca
Pivot
 (invalidation): 1.3160
Our preference
Short positions below 1.3160 with targets at 1.3115 & 1.3095 in extension.
Alternative scenario
Above 1.3160 look for further upside with 1.3175 & 1.3195 as targets.
Comment
The RSI is bearish and calls for further decline.

(By Swissquote TRADING CENTRAL)

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