(08 APRIL 2019)USD/CAD:Turning down.

(08 APRIL 2019)USD/CAD:Turning down.

8 April 2019, 09:52
Jiming Huang
0
53

cA

Pivot (invalidation): 1.3385

Our preference

Short positions below 1.3385 with targets at 1.3345 & 1.3330 in extension.

Alternative scenario

Above 1.3385 look for further upside with 1.3400 & 1.3420 as targets.

Comment

The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)


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