(05 NOVEMBER 2018)USD/CAD:The upside prevails.

(05 NOVEMBER 2018)USD/CAD:The upside prevails.

5 November 2018, 09:17
Jiming Huang
0
63

cad

Pivot (invalidation): 1.3090

Our preference

Long positions above 1.3090 with targets at 1.3120 & 1.3140 in extension.

Alternative scenario

Below 1.3090 look for further downside with 1.3065 & 1.3045 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)