(16 March 2020)USD/CAD Turning up.

(16 March 2020)USD/CAD Turning up.

16 March 2020, 08:52
Jiming Huang
0
69

ca
Pivot
 (invalidation): 1.3785
Our preference
Long positions above 1.3785 with targets at 1.3900 & 1.3950 in extension.
Alternative scenario
Below 1.3785 look for further downside with 1.3740 & 1.3700 as targets.
Comment
The RSI has just landed on its neutrality area at 50% and is turning

(By Swissquote TRADING CENTRAL)