(20 FEBRUARY 2019)USD/CAD:Watch 1.3150.

(20 FEBRUARY 2019)USD/CAD:Watch 1.3150.

20 February 2019, 09:12
Jiming Huang
0
65

cad

Pivot (invalidation): 1.3220

Our preference

Short positions below 1.3220 with targets at 1.3170 & 1.3150 in extension.

Alternative scenario

Above 1.3220 look for further upside with 1.3240 & 1.3260 as targets.

Comment

As Long as 1.3220 is resistance, look for choppy price action with a bearish bias

(By Swissquote TRADING CENTRAL)