(19 MAY 2020)USD/CAD Rebound expected.

(19 MAY 2020)USD/CAD Rebound expected.

19 May 2020, 08:52
Jiming Huang
0
87

ca
Pivot
 (invalidation): 1.3920
Our preference
Long positions above 1.3920 with targets at 1.4000 & 1.4035 in extension.
Alternative scenario
Below 1.3920 look for further downside with 1.3885 & 1.3850 as targets.
Comment
The RSI calls for a rebound.

(By Swissquote TRADING CENTRAL)

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