(29 April 2020)USD/CAD The downside prevails.

(29 April 2020)USD/CAD The downside prevails.

29 April 2020, 09:23
Jiming Huang
0
67

ca
Pivot
 (invalidation): 1.4000
Our preference
Short positions below 1.4000 with targets at 1.3895 & 1.3860 in extension.
Alternative scenario
Above 1.4000 look for further upside with 1.4035 & 1.4075 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL)

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