(04 OCTOBER 2018)USD/CAD:Further advance.

(04 OCTOBER 2018)USD/CAD:Further advance.

4 October 2018, 09:38
Jiming Huang
0
55

cad

Pivot (invalidation): 1.2840

Our preference

Long positions above 1.2840 with targets at 1.2900 & 1.2940 in extension.

Alternative scenario

Below 1.2840 look for further downside with 1.2810 & 1.2775 as targets.

Comment

The RSI is bullish and calls for further advance.

(By Swissquote TRADING CENTRAL)