(12 March 2020)USD/CAD The upside prevails.

(12 March 2020)USD/CAD The upside prevails.

12 March 2020, 08:55
Jiming Huang
0
53

ca
Pivot
 (invalidation): 1.3735
Our preference
Long positions above 1.3735 with targets at 1.3820 & 1.3865 in extension.
Alternative scenario
Below 1.3735 look for further downside with 1.3675 & 1.3635 as targets.
Comment
The break above 1.3735 is a positive signal that has opened a path to 1.3820.

(By Swissquote TRADING CENTRAL)

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