(23 JUNE 2020)USD/CAD Key resistance at 1.3550.

(23 JUNE 2020)USD/CAD Key resistance at 1.3550.

23 June 2020, 09:23
Jiming Huang
0
83

ca
Pivot
 (invalidation): 1.3550
Our preference
Short positions below 1.3550 with targets at 1.3495 & 1.3480 in extension.
Alternative scenario
Above 1.3550 look for further upside with 1.3570 & 1.3590 as targets.
Comment
As Long as the resistance at 1.3550 is not surpassed, the risk of the break below 1.3495
remains high.

(By Swissquote TRADING CENTRAL)