(03 JANUARY 2019)USD/CAD:The upside prevails.

(03 JANUARY 2019)USD/CAD:The upside prevails.

3 January 2019, 09:18
Jiming Huang
0
63

cad

Pivot (invalidation): 1.3600

Our preference

Long positions above 1.3600 with targets at 1.3655 & 1.3685 in extension.

Alternative scenario

Below 1.3600 look for further downside with 1.3570 & 1.3530 as targets.

Comment

The RSI advocates for further upside

(By Swissquote TRADING CENTRAL)