(07 MAY 2019)USD/CAD:Look for 1.3375.

(07 MAY 2019)USD/CAD:Look for 1.3375.

7 May 2019, 10:23
Jiming Huang
0
50

ca

Pivot (invalidation): 1.3460

Our preference

Short positions below 1.3460 with targets at 1.3400 & 1.3375 in extension.

Alternative scenario

Above 1.3460 look for further upside with 1.3490 & 1.3515 as targets.

Comment

The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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