(29 November 2019)USD/CAD Capped by a negative trend line.

(29 November 2019)USD/CAD Capped by a negative trend line.

29 November 2019, 08:53
Jiming Huang
0
27

ca
Pivot
 (invalidation): 1.3300
Our preference
Short positions below 1.3300 with targets at 1.3275 & 1.3260 in extension.
Alternative scenario
Above 1.3300 look for further upside with 1.3310 & 1.3320 as targets.
Comment
As Long as the resistance at 1.3300 is not surpassed, the risk of the break below 1.3275
remains high.

(By Swissquote TRADING CENTRAL)

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