(25 August 2020)USD/CAD The bias remains bullish.

(25 August 2020)USD/CAD The bias remains bullish.

25 August 2020, 09:21
Jiming Huang
0
78

ca
Pivot
 (invalidation): 1.3210
Our preference
Long positions above 1.3210 with targets at 1.3240 & 1.3255 in extension.
Alternative scenario
Below 1.3210 look for further downside with 1.3190 & 1.3165 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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