(10 JULY 2019)USD/CAD:Bullish bias above 1.3105.

(10 JULY 2019)USD/CAD:Bullish bias above 1.3105.

10 July 2019, 08:55
Jiming Huang
0
49

ca

Pivot (invalidation): 1.3105

Our preference

Long positions above 1.3105 with targets at 1.3145 & 1.3160 in extension.

Alternative scenario

Below 1.3105 look for further downside with 1.3080 & 1.3065 as targets.

Comment

The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)