(16 JULY 2018)USD/CAD:1.3145 expected.

(16 JULY 2018)USD/CAD:1.3145 expected.

16 July 2018, 10:18
Jiming Huang
0
52

cad

Pivot (invalidation): 1.3175

Our preference

Short positions below 1.3175 with targets at 1.3145 & 1.3120 in extension.

Alternative scenario

Above 1.3175 look for further upside with 1.3195 & 1.3220 as targets.

Comment

A break below 1.3145 would trigger a drop towards 1.3120.

(By Swissquote TRADING CENTRAL) 

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