(06 April 2020)USD/CAD Caution.

(06 April 2020)USD/CAD Caution.

6 April 2020, 08:55
Jiming Huang
0
61

ca
Pivot
 (invalidation): 1.4180
Our preference
Long positions above 1.4180 with targets at 1.4260 & 1.4300 in extension.
Alternative scenario
Below 1.4180 look for further downside with 1.4125 & 1.4090 as targets.
Comment
A support base at 1.4180 has formed and has allowed for a temporary stabilisation.

(By Swissquote TRADING CENTRAL)

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