(19 AUGUST 2019)USD/CAD:Key resistance at 1.3285

(19 AUGUST 2019)USD/CAD:Key resistance at 1.3285

19 August 2019, 09:13
Jiming Huang
0
40

ca

Pivot
 (invalidation): 1.3285
Our preference
Short positions below 1.3285 with targets at 1.3255 & 1.3240 in extension.
Alternative scenario
Above 1.3285 look for further upside with 1.3310 & 1.3325 as targets.
Comment
As Long as the resistance at 1.3285 is not surpassed, the risk of the break below 1.3255
remains high.

(By Swissquote TRADING CENTRAL)