HomeContributorsTechnical AnalysisUSD/CAD Capped By A Negative Trend Line

USD/CAD Capped By A Negative Trend Line

Pivot (invalidation): 1.3430

Our preference Short positions below 1.3430 with targets at 1.3375 & 1.3360 in extension.

Alternative scenario Above 1.3430 look for further upside with 1.3445 & 1.3470 as targets.

Comment The RSI is mixed with a bearish bias.

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