(20 JULY 2020)USD/CAD Bullish bias above 1.3565.

(20 JULY 2020)USD/CAD Bullish bias above 1.3565.

21 July 2020, 04:17
Jiming Huang
0
62

ca
Pivot
 (invalidation): 1.3565
Our preference
Long positions above 1.3565 with targets at 1.3600 & 1.3625 in extension.
Alternative scenario
Below 1.3565 look for further downside with 1.3550 & 1.3530 as targets.
Comment
A support base at 1.3565 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)


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