(08 JULY 2020)USD/CAD The bias remains bullish.

(08 JULY 2020)USD/CAD The bias remains bullish.

8 July 2020, 09:14
Jiming Huang
0
68

ca
Pivot
 (invalidation): 1.3570
Our preference
Long positions above 1.3570 with targets at 1.3625 & 1.3650 in extension.
Alternative scenario
Below 1.3570 look for further downside with 1.3545 & 1.3520 as targets.
Comment
The break above 1.3570 is a positive signal that has opened a path to 1.3625.

(By Swissquote TRADING CENTRAL)


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