(17 JULY 2020)USD/CAD Bullish bias above 1.3555.

(17 JULY 2020)USD/CAD Bullish bias above 1.3555.

17 July 2020, 09:07
Jiming Huang
0
73

ca
Pivot
 (invalidation): 1.3555
Our preference
Long positions above 1.3555 with targets at 1.3605 & 1.3625 in extension.
Alternative scenario
Below 1.3555 look for further downside with 1.3535 & 1.3520 as targets.
Comment
A support base at 1.3555 has formed and has allowed for a temporary stabilisation

(By Swissquote TRADING CENTRAL)


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