(02 March 2020)USD/CAD Under pressure.

(02 March 2020)USD/CAD Under pressure.

2 March 2020, 09:05
Jiming Huang
0
40

ca
Pivot
 (invalidation): 1.3390
Our preference
Short positions below 1.3390 with targets at 1.3315 & 1.3275 in extension.
Alternative scenario
Above 1.3390 look for further upside with 1.3415 & 1.3445 as targets.
Comment
As Long as the resistance at 1.3390 is not surpassed, the risk of the break below 1.3315
remains high.

(By Swissquote TRADING CENTRAL)

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