(14 February 2020)USD/CAD Bullish bias above 1.3245.

(14 February 2020)USD/CAD Bullish bias above 1.3245.

14 February 2020, 09:32
Jiming Huang
0
21

ca
Pivot
 (invalidation): 1.3245
Our preference
Long positions above 1.3245 with targets at 1.3275 & 1.3295 in extension.
Alternative scenario
Below 1.3245 look for further downside with 1.3230 & 1.3215 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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