(16 MAY 2019)USD/CAD:Look for 1.3400.

(16 MAY 2019)USD/CAD:Look for 1.3400.

16 May 2019, 09:30
Jiming Huang
0
72

ca

Pivot (invalidation): 1.3455

Our preference

Short positions below 1.3455 with targets at 1.3420 & 1.3400 in extension.

Alternative scenario

Above 1.3455 look for further upside with 1.3485 & 1.3505 as targets.

Comment

The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)

Share it with friends: