(10 MAY 2019)USD/CAD:Choppy.

(10 MAY 2019)USD/CAD:Choppy.

10 May 2019, 09:19
Jiming Huang
0
58

ca

Pivot (invalidation): 1.3475

Our preference

Short positions below 1.3475 with targets at 1.3425 & 1.3400 in extension.

Alternative scenario

Above 1.3475 look for further upside with 1.3500 & 1.3515 as targets.

Comment

As Long as the resistance at 1.3475 is not surpassed, the risk of the break below 1.3425

remains high.

(By Swissquote TRADING CENTRAL)