(07 MAY 2020)USD/CAD Caution.

(07 MAY 2020)USD/CAD Caution.

7 May 2020, 08:56
Jiming Huang
0
75

ca
Pivot
 (invalidation): 1.4110
Our preference
Long positions above 1.4110 with targets at 1.4175 & 1.4200 in extension.
Alternative scenario
Below 1.4110 look for further downside with 1.4090 & 1.4070 as targets.
Comment
Intraday technical indicators are mixed and call for cautio

(By Swissquote TRADING CENTRAL)

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