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

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

26 May 2020, 08:55
Jiming Huang
0
77

ca
Pivot
 (invalidation): 1.3980
Our preference
Short positions below 1.3980 with targets at 1.3935 & 1.3915 in extension.
Alternative scenario
Above 1.3980 look for further upside with 1.4000 & 1.4015 as targets.
Comment
The RSI is bearish and calls for further downside.

(By Swissquote TRADING CENTRAL


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