(09 JUNE 2020)USD/CAD Key resistance at 1.3400.

(09 JUNE 2020)USD/CAD Key resistance at 1.3400.

9 June 2020, 08:47
Jiming Huang
0
92

ca
Pivot
 (invalidation): 1.3400
Our preference
Short positions below 1.3400 with targets at 1.3355 & 1.3335 in extension.
Alternative scenario
Above 1.3400 look for further upside with 1.3435 & 1.3465 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.3400

(By Swissquote TRADING CENTRAL)

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