(09 March 2020)USD/CAD Bullish bias above 1.3570.

(09 March 2020)USD/CAD Bullish bias above 1.3570.

9 March 2020, 09:10
Jiming Huang
0
82

ca
Pivot
 (invalidation): 1.3570
Our preference
Long positions above 1.3570 with targets at 1.3695 & 1.3760 in extension.
Alternative scenario
Below 1.3570 look for further downside with 1.3515 & 1.3460 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limit

(By Swissquote TRADING CENTRAL)