(07 JUNE 2019)USD/CAD:Under pressure.

(07 JUNE 2019)USD/CAD:Under pressure.

7 June 2019, 09:43
Jiming Huang
0
48

ca

Pivot (invalidation): 1.3370

Our preference

Short positions below 1.3370 with targets at 1.3330 & 1.3310 in extension.

Alternative scenario

Above 1.3370 look for further upside with 1.3390 & 1.3410 as targets.

Comment

The break below 1.3370 is a negative signal that has opened a path to 1.3330.

(By Swissquote TRADING CENTRAL)

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