(24 April 2020)USD/CAD Key resistance at 1.4095.

(24 April 2020)USD/CAD Key resistance at 1.4095.

24 April 2020, 09:27
Jiming Huang
0
72

ca
Pivot
 (invalidation): 1.4095
Our preference
Short positions below 1.4095 with targets at 1.4040 & 1.3995 in extension.
Alternative scenario
Above 1.4095 look for further upside with 1.4125 & 1.4155 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.4095.

(By Swissquote TRADING CENTRAL)

Share it with friends: