(16 JULY 2019)USD/CAD:The upside prevails.

(16 JULY 2019)USD/CAD:The upside prevails.

16 July 2019, 08:59
Jiming Huang
0
46

ca

Pivot (invalidation): 1.3035

Our preference

Long positions above 1.3035 with targets at 1.3070 & 1.3085 in extension.

Alternative scenario

Below 1.3035 look for further downside with 1.3015 & 1.3000 as targets.

Comment

The break above 1.3035 is a positive signal that has opened a path to 1.3070.

(By Swissquote TRADING CENTRAL)


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