(19 JUNE 2018)USD/CAD:The upside prevails.

19 June 2018, 14:06
Jiming Huang
0
40


cad

The upside prevails. 

(By Swissquote TRADING CENTRAL)

Pivot (invalidation): 1.3160

Our preference

Long positions above 1.3160 with targets at 1.3240 & 1.3290 in extension.

Alternative scenario

Below 1.3160 look for further downside with 1.3120 & 1.3080 as targets.

Comment

The RSI advocates for further upside