(17 JUNE 2019)USD/CAD:The bias remains bullish.

(17 JUNE 2019)USD/CAD:The bias remains bullish.

17 June 2019, 09:30
Jiming Huang
0
41

ca

Pivot (invalidation): 1.3385

Our preference

Long positions above 1.3385 with targets at 1.3425 & 1.3440 in extension.

Alternative scenario

Below 1.3385 look for further downside with 1.3350 & 1.3320 as targets.

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)


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