(31 January 2020)USD/CAD Key resistance at 1.3225.

(31 January 2020)USD/CAD Key resistance at 1.3225.

31 January 2020, 09:02
Jiming Huang
0
54

ca
Pivot
 (invalidation): 1.3225
Our preference
Short positions below 1.3225 with targets at 1.3185 & 1.3170 in extension.
Alternative scenario
Above 1.3225 look for further upside with 1.3240 & 1.3260 as targets.
Comment
As Long as 1.3225 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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