(16 AUGUST 2019)USD/CAD:Bullish bias above 1.3300.

(16 AUGUST 2019)USD/CAD:Bullish bias above 1.3300.

16 August 2019, 09:02
Jiming Huang
0
41

ca

Pivot
 (invalidation): 1.3300
Our preference
Long positions above 1.3300 with targets at 1.3335 & 1.3355 in extension.
Alternative scenario
Below 1.3300 look for further downside with 1.3280 & 1.3265 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited

(By Swissquote TRADING CENTRAL)

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