(29 MAY 2019)USD/CAD:Bullish bias above 1.3470.

(29 MAY 2019)USD/CAD:Bullish bias above 1.3470.

29 May 2019, 09:23
Jiming Huang
0
35

ca

Pivot (invalidation): 1.3470

Our preference

Long positions above 1.3470 with targets at 1.3500 & 1.3520 in extension.

Alternative scenario

Below 1.3470 look for further downside with 1.3450 & 1.3430 as targets.

Comment

The RSI is above its neutrality area at 50%

(By Swissquote TRADING CENTRAL)


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