(14 MAY 2019)USD/CAD:The bias remains bullish.

(14 MAY 2019)USD/CAD:The bias remains bullish.

14 May 2019, 09:23
Jiming Huang
0
50

ca

Pivot (invalidation): 1.3445

Our preference

Long positions above 1.3445 with targets at 1.3500 & 1.3525 in extension.

Alternative scenario

Below 1.3445 look for further downside with 1.3420 & 1.3400 as targets.

Comment

The break above 1.3445 is a positive signal that has opened a path to 1.3500


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