(10 DECEMBER 2018)USD/CAD:Bullish bias above 1.3280.

(10 DECEMBER 2018)USD/CAD:Bullish bias above 1.3280.

10 December 2018, 08:51
Jiming Huang
0
48

cad

Pivot (invalidation): 1.3280

Our preference

Long positions above 1.3280 with targets at 1.3335 & 1.3385 in extension.

Alternative scenario

Below 1.3280 look for further downside with 1.3245 & 1.3220 as targets.


Comment

A support base at 1.3280 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL) 

Share it with friends: