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USD/CAD ST: the upside prevails.
2024-03-27
794
Pivot: 1.3350
Our preference: long positions above 1.3350 with targets at 1.3620 & 1.3760 in extension.
Alternative scenario: below 1.3350 look for further downside with 1.3280 & 1.3175 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3900 **
1.3760 ***
1.3620 ***
1.3589 Last
1.3350 ***
1.3280 ***
1.3175 **
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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