(22 AUGUST 2018)USD/CAD:Under pressure.

(22 AUGUST 2018)USD/CAD:Under pressure.

22 August 2018, 09:14
Jiming Huang
0
51

cad

Pivot (invalidation): 1.3050

Our preference

Short positions below 1.3050 with targets at 1.2995 & 1.2980 in extension.

Alternative scenario

Above 1.3050 look for further upside with 1.3070 & 1.3095 as targets.

Comment

The RSI advocates for further decline.

(By Swissquote TRADING CENTRAL) 

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