(05 JUNE 2020)USD/CAD Under pressure.

(05 JUNE 2020)USD/CAD Under pressure.

5 June 2020, 09:12
Jiming Huang
0
125

ca
Pivot
 (invalidation): 1.3535
Our preference
Short positions below 1.3535 with targets at 1.3465 & 1.3430 in extension.
Alternative scenario
Above 1.3535 look for further upside with 1.3570 & 1.3600 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)