(07 FEBRUARY 2019)USD/CAD:The upside prevails.

(07 FEBRUARY 2019)USD/CAD:The upside prevails.

7 February 2019, 09:12
Jiming Huang
0
19

cad

Pivot (invalidation): 1.3205

Our preference

Long positions above 1.3205 with targets at 1.3265 & 1.3285 in extension.

Alternative scenario

Below 1.3205 look for further downside with 1.3170 & 1.3155 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)

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