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USD/CAD intraday: as long as 1.3641 is support look for 1.3700
2024-04-29
78
Our pivot point stands at 1.3641.
Our preference: as long as 1.3641 is support look for 1.3700.
Alternative scenario: below 1.3641, expect 1.3622 and 1.3610.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.3666) but above its 50 period moving average (1.3658).
Supports and resistances:
1.3723 **
1.3712 *
1.3700 **
1.3689
1.3665 last
1.3648
1.3641 **
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