(07 MARCH 2019)USD/CAD:Towards 1.3505.

(07 MARCH 2019)USD/CAD:Towards 1.3505.

7 March 2019, 08:51
Jiming Huang
0
53

ca

Pivot (invalidation): 1.3405

Our preference

Long positions above 1.3405 with targets at 1.3465 & 1.3505 in extension.

Alternative scenario

Below 1.3405 look for further downside with 1.3370 & 1.3330 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)

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