(23 October 2020)USD/CAD Bullish bias above 1.3120.

(23 October 2020)USD/CAD Bullish bias above 1.3120.

23 October 2020, 09:50
Jiming Huang
0
87

ca
Pivot
 (invalidation): 1.3120
Our preference
Long positions above 1.3120 with targets at 1.3155 & 1.3175 in extension.
Alternative scenario
Below 1.3120 look for further downside with 1.3100 & 1.3080 as targets.
Comment
Technically the RSI is above its neutrality area at 50.

(By Swissquote TRADING CENTRAL)


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