(14 MARCH 2019)USD/CAD:Under pressure.

(14 MARCH 2019)USD/CAD:Under pressure.

14 March 2019, 08:56
Jiming Huang
0
11

cad

Pivot (invalidation): 1.3340

Our preference

Short positions below 1.3340 with targets at 1.3270 & 1.3235 in extension.

Alternative scenario

Above 1.3340 look for further upside with 1.3370 & 1.3415 as targets.

Comment

The break below 1.3340 is a negative signal that has opened a path to 1.3270.

(By Swissquote TRADING CENTRAL)


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