(16 December 2019)USD/CAD Key resistance at 1.3185.

(16 December 2019)USD/CAD Key resistance at 1.3185.

16 December 2019, 08:59
Jiming Huang
0
75

ca
Pivot
 (invalidation): 1.3185
Our preference
Short positions below 1.3185 with targets at 1.3150 & 1.3125 in extension.
Alternative scenario
Above 1.3185 look for further upside with 1.3205 & 1.3225 as targets.
Comment
The index currently faces a challenging resistance area at 1.3185.

(By Swissquote TRADING CENTRAL)

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