(06 NOVEMBER 2018)USD/CAD:Further advance.

(06 NOVEMBER 2018)USD/CAD:Further advance.

6 November 2018, 09:31
Jiming Huang
0
56

cad

Pivot (invalidation): 1.3090

Our preference

Long positions above 1.3090 with targets at 1.3120 & 1.3140 in extension.

Alternative scenario

Below 1.3090 look for further downside with 1.3070 & 1.3050 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)