(02 November 2020)USD/CAD Bullish bias above 1.3310.

(02 November 2020)USD/CAD Bullish bias above 1.3310.

2 November 2020, 12:11
Jiming Huang
0
100

ca
Pivot
 (invalidation): 1.3310
Our preference
Long positions above 1.3310 with targets at 1.3370 & 1.3390 in extension.
Alternative scenario
Below 1.3310 look for further downside with 1.3275 & 1.3250 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)


Share it with friends: