(14 October 2020)USD/CAD Bullish bias above 1.3120.

(14 October 2020)USD/CAD Bullish bias above 1.3120.

14 October 2020, 08:54
Jiming Huang
0
95

ca
Pivot
 (invalidation): 1.3120
Our preference
Long positions above 1.3120 with targets at 1.3160 & 1.3180 in extension.
Alternative scenario
Below 1.3120 look for further downside with 1.3095 & 1.3080 as targets.
Comment
The break above 1.3120 is a positive signal that has opened a path to 1.3160.

(By Swissquote TRADING CENTRAL)


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