(18 MARCH 2019)USD/CAD:Turning down.

(18 MARCH 2019)USD/CAD:Turning down.

18 March 2019, 09:18
Jiming Huang
0
48

cad

Pivot (invalidation): 1.3350

Our preference

Short positions below 1.3350 with targets at 1.3300 & 1.3285 in extension.

Alternative scenario

Above 1.3350 look for further upside with 1.3370 & 1.3390 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)