(08 NOVEMBER 2018)USD/CAD:Bullish bias above 1.3100.

Pivot (invalidation): 1.3100

Our preference

Long positions above 1.3100 with targets at 1.3135 & 1.3155 in extension.

Alternative scenario

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

Comment

The RSI calls for a bounce.

(By Swissquote TRADING CENTRAL)