(23 March 2020)USD/CAD Watch 1.4535.

(23 March 2020)USD/CAD Watch 1.4535.

23 March 2020, 12:56
Jiming Huang
0
74

ca
Pivot
 (invalidation): 1.4350
Our preference
Long positions above 1.4350 with targets at 1.4490 & 1.4535 in extension.
Alternative scenario
Below 1.4350 look for further downside with 1.4285 & 1.4230 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)