(18 MAY 2020)USD/CAD The downside prevails.

(18 MAY 2020)USD/CAD The downside prevails.

18 May 2020, 08:59
Jiming Huang
0
104

ca
Pivot
 (invalidation): 1.4115
Our preference
Short positions below 1.4115 with targets at 1.4050 & 1.4015 in extension.
Alternative scenario
Above 1.4115 look for further upside with 1.4140 & 1.4170 as targets.
Comment
The RSI calls for a new downleg.

(By Swissquote TRADING CENTRAL)

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