(27 MAY 2019)USD/CAD:Rebound expected.

(27 MAY 2019)USD/CAD:Rebound expected.

27 May 2019, 09:13
Jiming Huang
0
53

cad

Pivot (invalidation): 1.3425

Our preference

Long positions above 1.3425 with targets at 1.3465 & 1.3480 in extension.

Alternative scenario

Below 1.3425 look for further downside with 1.3410 & 1.3390 as targets.

Comment

The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)


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