(30 April 2020)USD/CAD Capped by a negative trend line.

(30 April 2020)USD/CAD Capped by a negative trend line.

30 April 2020, 08:57
Jiming Huang
0
73

ca
Pivot
 (invalidation): 1.3915
Our preference
Short positions below 1.3915 with targets at 1.3850 & 1.3820 in extension.
Alternative scenario
Above 1.3915 look for further upside with 1.3960 & 1.4000 as targets.
Comment
Technically the RSI is below its neutrality area at 50.

(By Swissquote TRADING CENTRAL)

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