(17 April 2020)USD/CAD Watch 1.3960.

(17 April 2020)USD/CAD Watch 1.3960.

17 April 2020, 09:40
Jiming Huang
0
58

c ca
Pivot
 (invalidation): 1.4060
Our preference
Short positions below 1.4060 with targets at 1.4000 & 1.3960 in extension.
Alternative scenario
Above 1.4060 look for further upside with 1.4100 & 1.4135 as targets.
Comment
A break below 1.4000 would trigger a drop towards 1.3960.

(By Swissquote TRADING CENTRAL)

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