(03 April 2020)USD/CAD Under pressure.

(03 April 2020)USD/CAD Under pressure.

3 April 2020, 08:43
Jiming Huang
0
79

ca
Pivot
 (invalidation): 1.4200
Our preference
Short positions below 1.4200 with targets at 1.4095 & 1.4060 in extension.
Alternative scenario
Above 1.4200 look for further upside with 1.4245 & 1.4300 as targets.
Comment
As Long as 1.4200 is resistance, look for choppy price action with a bearish bias.

(By Swissquote TRADING CENTRAL)

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