(27 MAY 2020)USD/CAD Watch 1.3710.

(27 MAY 2020)USD/CAD Watch 1.3710.

27 May 2020, 09:16
Jiming Huang
0
82

ca
Pivot
 (invalidation): 1.3825
Our preference
Short positions below 1.3825 with targets at 1.3745 & 1.3710 in extension.
Alternative scenario
Above 1.3825 look for further upside with 1.3860 & 1.3890 as targets.
Comment
A break below 1.3745 would trigger a drop towards 1.3710

(By Swissquote TRADING CENTRAL)