(08 JUNE 2020)USD/CAD Key resistance at 1.3445.

(08 JUNE 2020)USD/CAD Key resistance at 1.3445.

8 June 2020, 08:49
Jiming Huang
0
113

ca
Pivot
 (invalidation): 1.3445
Our preference
Short positions below 1.3445 with targets at 1.3385 & 1.3355 in extension.
Alternative scenario
Above 1.3445 look for further upside with 1.3470 & 1.3500 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3445.

(By Swissquote TRADING CENTRAL)

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