(27 January 2020)USD/CAD The upside prevails.

(27 January 2020)USD/CAD The upside prevails.

27 January 2020, 09:10
Jiming Huang
0
74

ca
Pivot
 (invalidation): 1.3140
Our preference
Long positions above 1.3140 with targets at 1.3170 & 1.3190 in extension.
Alternative scenario
Below 1.3140 look for further downside with 1.3120 & 1.3100 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)