(28 MAY 2019)USD/CAD:Key resistance at 1.3455.

(28 MAY 2019)USD/CAD:Key resistance at 1.3455.

28 May 2019, 09:28
Jiming Huang
0
57

ca

Pivot (invalidation): 1.3455

Our preference

Short positions below 1.3455 with targets at 1.3425 & 1.3410 in extension.

Alternative scenario

Above 1.3455 look for further upside with 1.3470 & 1.3485 as targets.

Comment

As Long as the resistance at 1.3455 is not surpassed, the risk of the break below 1.3425

remains high. 

(By Swissquote TRADING CENTRAL)