(18 March 2020)USD/CAD Under pressure.

(18 March 2020)USD/CAD Under pressure.

18 March 2020, 08:33
Jiming Huang
0
59

ca
Pivot
 (invalidation): 1.4260
Our preference
Short positions below 1.4260 with targets at 1.4130 & 1.4080 in extension.
Alternative scenario
Above 1.4260 look for further upside with 1.4300 & 1.4350 as targets.
Comment
As Long as the resistance at 1.4260 is not surpassed, the risk of the break below 1.4130
remains high.

(By Swissquote TRADING CENTRAL)