(07 October 2020)USD/CAD The bias remains bullish.

(07 October 2020)USD/CAD The bias remains bullish.

7 October 2020, 09:05
Jiming Huang
0
86

ca
Pivot
 (invalidation): 1.3300
Our preference
Long positions above 1.3300 with targets at 1.3340 & 1.3360 in extension.
Alternative scenario
Below 1.3300 look for further downside with 1.3280 & 1.3245 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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