(03 JUNE 2019)USD/CAD:The downside prevails.

(03 JUNE 2019)USD/CAD:The downside prevails.

3 June 2019, 09:16
Jiming Huang
0
47

cad

Pivot (invalidation): 1.3525

Our preference

Short positions below 1.3525 with targets at 1.3480 & 1.3455 in extension.

Alternative scenario

Above 1.3525 look for further upside with 1.3545 & 1.3565 as targets.

Comment

A break below 1.3480 would trigger a drop towards 1.3455.

(By Swissquote TRADING CENTRAL)


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