(17 MAY 2019)USD/CAD:Expect 1.3505.

(17 MAY 2019)USD/CAD:Expect 1.3505.

17 May 2019, 10:29
Jiming Huang
0
11

ca

Pivot (invalidation): 1.3440

Our preference

Long positions above 1.3440 with targets at 1.3485 & 1.3505 in extension.

Alternative scenario

Below 1.3440 look for further downside with 1.3415 & 1.3400 as targets.

Comment

The RSI is bullish and calls for further upside.

(By Swissquote TRADING CENTRAL)


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