(23 AUGUST 2018)USD/CAD:Turning up.

(23 AUGUST 2018)USD/CAD:Turning up.

23 August 2018, 09:29
Jiming Huang
0
62

cad

Pivot (invalidation): 1.3000

Our preference

Long positions above 1.3000 with targets at 1.3070 & 1.3095 in extension.

Alternative scenario

Below 1.3000 look for further downside with 1.2980 & 1.2960 as targets.

Comment

The RSI is bullish and calls for further upside

(By Swissquote TRADING CENTRAL)