(03 JULY 2019)USD/CAD:1.3055 expected.

(03 JULY 2019)USD/CAD:1.3055 expected.

3 July 2019, 09:06
Jiming Huang
0
30

ca

Pivot (invalidation): 1.3130

Our preference

Short positions below 1.3130 with targets at 1.3075 & 1.3055 in extension.

Alternative scenario

Above 1.3130 look for further upside with 1.3145 & 1.3160 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

Share it with friends: