(31 OCTOBER 2018)USD/CAD:Supported by a rising trend line.

(31 OCTOBER 2018)USD/CAD:Supported by a rising trend line.

31 October 2018, 09:17
Jiming Huang
0
61

cadcad

Pivot (invalidation): 1.3100

Our preference

Long positions above 1.3100 with targets at 1.3145 & 1.3160 in extension.

Alternative scenario

Below 1.3100 look for further downside with 1.3080 & 1.3060 as targets.

Comment

The RSI is mixed to bullish

(By Swissquote TRADING CENTRAL) 


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