(11 February 2020)USD/CAD The downside prevails.

(11 February 2020)USD/CAD The downside prevails.

11 February 2020, 08:56
Jiming Huang
0
32

ca
Pivot
 (invalidation): 1.3325
Our preference
Short positions below 1.3325 with targets at 1.3285 & 1.3265 in extension.
Alternative scenario
Above 1.3325 look for further upside with 1.3345 & 1.3360 as targets.
Comment
As Long as the resistance at 1.3325 is not surpassed, the risk of the break below 1.3285
remains high.

(By Swissquote TRADING CENTRAL)

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