(05 MARCH 2019)USD/CAD:Aim @ 1.3370.

(05 MARCH 2019)USD/CAD:Aim @ 1.3370.

5 March 2019, 09:02
Jiming Huang
0
60

ca

Pivot (invalidation): 1.3290

Our preference

Long positions above 1.3290 with targets at 1.3340 & 1.3370 in extension.

Alternative scenario

Below 1.3290 look for further downside with 1.3270 & 1.3240 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)