(08 MARCH 2019)USD/CAD:The upside prevails.

(08 MARCH 2019)USD/CAD:The upside prevails.

8 March 2019, 09:21
Jiming Huang
0
47

cad

Pivot (invalidation): 1.3405

Our preference

Long positions above 1.3405 with targets at 1.3505 & 1.3530 in extension.

Alternative scenario

Below 1.3405 look for further downside with 1.3370 & 1.3330 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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