(27 MARCH 2019)USD/CAD:Key resistance at 1.3400.

(27 MARCH 2019)USD/CAD:Key resistance at 1.3400.

27 March 2019, 09:23
Jiming Huang
0
48

ca

Pivot (invalidation): 1.3400

Our preference

Short positions below 1.3400 with targets at 1.3365 & 1.3345 in extension.

Alternative scenario

Above 1.3400 look for further upside with 1.3425 & 1.3445 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.3400.

(By Swissquote TRADING CENTRAL)

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