(25 February 2020)USD/CAD Bullish bias above 1.3275.

(25 February 2020)USD/CAD Bullish bias above 1.3275.

25 February 2020, 09:27
Jiming Huang
0
72

ca
Pivot
 (invalidation): 1.3275
Our preference
Long positions above 1.3275 with targets at 1.3295 & 1.3305 in extension.
Alternative scenario
Below 1.3275 look for further downside with 1.3260 & 1.3250 as targets.
Comment
A support base at 1.3275 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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