(12 FEBRUARY 2019)USD/CAD:Supported by a rising trend line.

(12 FEBRUARY 2019)USD/CAD:Supported by a rising trend line.

12 February 2019, 08:47
Jiming Huang
0
13

cad

Pivot (invalidation): 1.3275

Our preference

Long positions above 1.3275 with targets at 1.3330 & 1.3355 in extension.

Alternative scenario

Below 1.3275 look for further downside with 1.3255 & 1.3230 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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