Tanalys

USD/CAD Intraday: bullish bias above 1.119.

Pivot: 1.119

Our preference: Long positions above 1.119 with targets @ 1.127 1.131 in extension.

Alternative scenario: Below 1.119 look for further downside with 1.1155 1.1125 as targets.

Comment: The RSI is bullish and calls for further upside. Prices validated a Symmetrical Triangle calling for further advance.

Supports and resistances:

1.135

1.131

1.127

1.1246 Last

1.119

1.1155

1.1125

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version