(12 December 2019)USD/CAD Towards 1.3125.

(12 December 2019)USD/CAD Towards 1.3125.

12 December 2019, 09:16
Jiming Huang
0
133

ca
Pivot
 (invalidation): 1.3195
Our preference
Short positions below 1.3195 with targets at 1.3145 & 1.3125 in extension.
Alternative scenario
Above 1.3195 look for further upside with 1.3225 & 1.3250 as targets.
Comment
The RSI has broken down its 30 level.

(By Swissquote TRADING CENTRAL)