(20 August 2020)USD/CAD The bias remains bullish.

(20 August 2020)USD/CAD The bias remains bullish.

20 August 2020, 09:17
Jiming Huang
0
85

ca
Pivot
 (invalidation): 1.3185
Our preference
Long positions above 1.3185 with targets at 1.3235 & 1.3260 in extension.
Alternative scenario
Below 1.3185 look for further downside with 1.3160 & 1.3135 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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