(23 APRIL 2019)USD/CAD:Capped by a negative trend line.

Pivot (invalidation): 1.3375

Our preference

Short positions below 1.3375 with targets at 1.3330 & 1.3315 in extension.

Alternative scenario

Above 1.3375 look for further upside with 1.3390 & 1.3405 as targets.

Comment

As Long as the resistance at 1.3375 is not surpassed, the risk of the break below 1.3330

remains high. 

(By Swissquote TRADING CENTRAL)