Tanalys

USD/CAD intraday: bullish bias above 1.019.

Pivot: 1.019

Our preference: Long positions above 1.019 with targets @ 1.025 1.028 in extension.

Alternative scenario: Below 1.019 look for further downside with 1.0145 1.01 as targets.

Comment: the RSI lacks downward momentum.

Key levels

1.0305

1.028

1.025

1.0208 last

1.019

1.0145

1.01

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version