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USD/CAD Intraday: the bias remains bullish.

2024-04-05
578

Pivot: 1.3540

Our preference: long positions above 1.3540 with targets at 1.3585 & 1.3610 in extension.

Alternative scenario: below 1.3540 look for further downside with 1.3515 & 1.3495 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

1.3630

1.3610

1.3585

1.3561 Last

1.3540

1.3515

1.3495

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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