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Canadian Dollar: caution.

Canadian Dollar

Pivot: 106.5
Our Scenario: Short positions below 106.5 with targets @ 101.4 & 99.5 in extension.
Alternative Scenario: Above 106.5 look for further upside with 108.85 & 111 as targets.
Comment: the RSI is mixed and calls for caution.


Option Strategy
Option ST 0
Delta ST 0
opinion MT -1
Delta MT 0
Chart Levels
Resistance1 106.5
Resistance2 108.85
Resistance3 111
Support1 101.4
Support2 99.5
Support3 98.35

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