(05 November 2019)USD/CAD Watch 1.3185.

(05 November 2019)USD/CAD Watch 1.3185.

5 November 2019, 09:05
Jiming Huang
0
89

ca
Pivot
 (invalidation): 1.3135
Our preference
Long positions above 1.3135 with targets at 1.3170 & 1.3185 in extension.
Alternative scenario
Below 1.3135 look for further downside with 1.3125 & 1.3105 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)