(02 MAY 2019)USD/CAD:Further upside.

(02 MAY 2019)USD/CAD:Further upside.

2 May 2019, 09:16
Jiming Huang
0
44

ca

Pivot (invalidation): 1.3415

Our preference

Long positions above 1.3415 with targets at 1.3460 & 1.3480 in extension.

Alternative scenario

Below 1.3415 look for further downside with 1.3400 & 1.3375 as targets.

Comment

The break above 1.3415 is a positive signal that has opened a path to 1.3460.

(By Swissquote TRADING CENTRAL)

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