(22 MAY 2019)USD/CAD:Capped by a negative trend line.

(22 MAY 2019)USD/CAD:Capped by a negative trend line.

22 May 2019, 09:10
Jiming Huang
0
47

ca

Pivot (invalidation): 1.3430

Our preference

Short positions below 1.3430 with targets at 1.3375 & 1.3360 in extension.

Alternative scenario

Above 1.3430 look for further upside with 1.3445 & 1.3470 as targets.

Comment

The RSI is mixed with a bearish bias.

(By Swissquote TRADING CENTRAL)

Share it with friends: