(08 JULY 2019)USD/CAD:The bias remains bullish.

(08 JULY 2019)USD/CAD:The bias remains bullish.

8 July 2019, 09:15
Jiming Huang
0
43

ca

Pivot (invalidation): 1.3060

Our preference

Long positions above 1.3060 with targets at 1.3090 & 1.3105 in extension.

Alternative scenario

Below 1.3060 look for further downside with 1.3045 & 1.3030 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)


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