(16 JANUARY 2019)USD/CAD:The bias remains bullish.

(16 JANUARY 2019)USD/CAD:The bias remains bullish.

16 January 2019, 09:25
Jiming Huang
0
67

cad

Pivot (invalidation): 1.3245

Our preference

Long positions above 1.3245 with targets at 1.3295 & 1.3315 in extension.

Alternative scenario

Below 1.3245 look for further downside with 1.3220 & 1.3195 as targets.

Comment

The RSI is above its neutrality area at 50%

(By Swissquote TRADING CENTRAL)

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