(21 JANUARY 2019)USD/CAD:Bullish bias above 1.3250.

(21 JANUARY 2019)USD/CAD:Bullish bias above 1.3250.

21 January 2019, 09:12
Jiming Huang
0
69

cad

Pivot (invalidation): 1.3250

Our preference

Long positions above 1.3250 with targets at 1.3300 & 1.3320 in extension.

Alternative scenario

Below 1.3250 look for further downside with 1.3235 & 1.3220 as targets.

Comment

The RSI is above its neutrality area at 50%.

(By Swissquote TRADING CENTRAL)


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