(25 JULY 2019)USD/CAD:Bullish bias above 1.3125.

(25 JULY 2019)USD/CAD:Bullish bias above 1.3125.

25 July 2019, 14:24
Jiming Huang
0
56

ca

Pivot (invalidation): 1.3125

Our preference

Long positions above 1.3125 with targets at 1.3150 & 1.3165 in extension.

Alternative scenario

Below 1.3125 look for further downside with 1.3110 & 1.3095 as targets.

Comment

A support base at 1.3125 has formed and has allowed for a temporary stabilisation.+

(By Swissquote TRADING CENTRAL)


Share it with friends: