(20 JULY 2018)USD/CAD:Bullish bias above 1.3245.

(20 JULY 2018)USD/CAD:Bullish bias above 1.3245.

20 July 2018, 09:57
Jiming Huang
0
56

cad

Pivot (invalidation): 1.3245

Our preference

Long positions above 1.3245 with targets at 1.3290 & 1.3320 in extension.

Alternative scenario

Below 1.3245 look for further downside with 1.3220 & 1.3185 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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