(12 AUGUST 2019)USD/CAD:Key resistance at 1.3230.

(12 AUGUST 2019)USD/CAD:Key resistance at 1.3230.

12 August 2019, 09:31
Jiming Huang
0
62

ca

Pivot
 (invalidation): 1.3230
Our preference
Short positions below 1.3230 with targets at 1.3200 & 1.3180 in extension.
Alternative scenario
Above 1.3230 look for further upside with 1.3255 & 1.3275 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3

(By Swissquote TRADING CENTRAL)

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