(17 OCTOBER 2018)USD/CAD:Rebound.

(17 OCTOBER 2018)USD/CAD:Rebound.

17 October 2018, 09:33
Jiming Huang
0
44

cad

Pivot (invalidation): 1.2930

Our preference

Long positions above 1.2930 with targets at 1.2975 & 1.3000 in extension.

Alternative scenario

Below 1.2930 look for further downside with 1.2910 & 1.2895 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL) 

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