(03 SEPTEMBER 2018)USD/CAD:The bias remains bullish.

(03 SEPTEMBER 2018)USD/CAD:The bias remains bullish.

3 September 2018, 09:38
Jiming Huang
0
55

cad

Pivot (invalidation): 1.3030

Our preference

Long positions above 1.3030 with targets at 1.3090 & 1.3125 in extension.

Alternative scenario

Below 1.3030 look for further downside with 1.2990 & 1.2965 as targets.

Comment

A support base at 1.3030 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

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