(01 MARCH 2019)USD/CAD:Intraday support around 1.3135.

(01 MARCH 2019)USD/CAD:Intraday support around 1.3135.

1 March 2019, 09:14
Jiming Huang
0
50

cad

Pivot (invalidation): 1.3135

Our preference

Long positions above 1.3135 with targets at 1.3205 & 1.3235 in extension.

Alternative scenario

Below 1.3135 look for further downside with 1.3115 & 1.3095 as targets.

Comment

A support base at 1.3135 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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