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

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

17 July 2019, 08:58
Jiming Huang
0
57

ca

Pivot (invalidation): 1.3060

Our preference

Long positions above 1.3060 with targets at 1.3100 & 1.3120 in extension.

Alternative scenario

Below 1.3060 look for further downside with 1.3040 & 1.3020 as targets.

Comment

Technically the RSI is above its neutrality area at 50

(By Swissquote TRADING CENTRAL)

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