(21 AUGUST 2019)USD/CAD Bullish bias above 1.3305.

(21 AUGUST 2019)USD/CAD Bullish bias above 1.3305.

21 August 2019, 09:05
Jiming Huang
0
51

ca
Pivot
 (invalidation): 1.3305
Our preference
Long positions above 1.3305 with targets at 1.3340 & 1.3370 in extension.
Alternative scenario
Below 1.3305 look for further downside with 1.3280 & 1.3255 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)

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