(08 April 2020)USD/CAD Continuation of the rebound.

(08 April 2020)USD/CAD Continuation of the rebound.

8 April 2020, 09:02
Jiming Huang
0
72

  cad
Pivot
 (invalidation): 1.3995
Our preference
Long positions above 1.3995 with targets at 1.4085 & 1.4145 in extension.
Alternative scenario
Below 1.3995 look for further downside with 1.3945 & 1.3900 as targets.
Comment
The RSI calls for a new upleg.

(By Swissquote TRADING CENTRAL)

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