(02 April 2020)USD/CAD Key resistance at 1.4210.

(02 April 2020)USD/CAD Key resistance at 1.4210.

2 April 2020, 08:52
Jiming Huang
0
57

ca
Pivot
 (invalidation): 1.4210
Our preference
Short positions below 1.4210 with targets at 1.4130 & 1.4090 in extension.
Alternative scenario
Above 1.4210 look for further upside with 1.4270 & 1.4330 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.4210.

(By Swissquote TRADING CENTRAL)

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