(17 DECEMBER 2018)USD/CAD:Bullish bias above 1.3360.

(17 DECEMBER 2018)USD/CAD:Bullish bias above 1.3360.

17 December 2018, 08:58
Jiming Huang
0
72

cad

Pivot (invalidation): 1.3360

Our preference

Long positions above 1.3360 with targets at 1.3400 & 1.3420 in extension.

Alternative scenario

Below 1.3360 look for further downside with 1.3340 & 1.3320 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL) 


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