(11 DECEMBER 2018)USD/CAD:Target 1.3480.

(11 DECEMBER 2018)USD/CAD:Target 1.3480.

11 December 2018, 09:00
Jiming Huang
0
79

cad

Pivot (invalidation): 1.3345

Our preference

Long positions above 1.3345 with targets at 1.3440 & 1.3480 in extension.

Alternative scenario

Below 1.3345 look for further downside with 1.3295 & 1.3245 as targets.

Comment

The break above 1.3345 is a positive signal that has opened a path to 1.3440.

(By Swissquote TRADING CENTRAL) 

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