(03 JUNE 2020)USD/CAD Target 1.3420.

(03 JUNE 2020)USD/CAD Target 1.3420.

3 June 2020, 09:06
Jiming Huang
0
97

ca
Pivot
 (invalidation): 1.3550
Our preference
Short positions below 1.3550 with targets at 1.3475 & 1.3420 in extension.
Alternative scenario
Above 1.3550 look for further upside with 1.3590 & 1.3625 as targets.
Comment
A break below 1.3475 would trigger a drop towards 1.3420.

(By Swissquote TRADING CENTRAL)

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