(18 August 2020)USD/CAD Turning down.

(18 August 2020)USD/CAD Turning down.

18 August 2020, 09:18
Jiming Huang
0
80

ca
Pivot
 (invalidation): 1.3230
Our preference
Short positions below 1.3230 with targets at 1.3170 & 1.3150 in extension.
Alternative scenario
Above 1.3230 look for further upside with 1.3245 & 1.3265 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)


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