(04 JULY 2019)USD/CAD:Expect 1.3030.

(04 JULY 2019)USD/CAD:Expect 1.3030.

4 July 2019, 09:26
Jiming Huang
0
46

ca

Pivot (invalidation): 1.3085

Our preference

Short positions below 1.3085 with targets at 1.3050 & 1.3030 in extension.

Alternative scenario

Above 1.3085 look for further upside with 1.3105 & 1.3120 as targets.

Comment

As Long as the resistance at 1.3085 is not surpassed, the risk of the break below 1.3050

remains high. 

(By Swissquote TRADING CENTRAL)