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

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

5 September 2018, 09:22
Jiming Huang
0
46

cad

Pivot (invalidation): 1.3150

Our preference

Long positions above 1.3150 with targets at 1.3210 & 1.3250 in extension.

Alternative scenario

Below 1.3150 look for further downside with 1.3115 & 1.3085 as targets.

Comment

Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL) 

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