USD/CAD Currency exchange rate forecast 19.08.2019: further upside.

USD/CAD Currency exchange rate forecast 19.08.2019: further upside.

Long positions above 1.3285 with targets at 1.3350 & 1.3370 in extension.

Pivot: 1.3285

Our preference: long positions above 1.3285 with targets at 1.3350 & 1.3370 in extension.

Alternative scenario: below 1.3285 look for further downside with 1.3250 & 1.3230 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

1.3400

1.3370

1.3350

1.3310 Last

1.3285

1.3250

1.3230

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