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USD/CAD Intraday: the upside prevails.

2024-04-02
1028

Pivot: 1.3550

Our preference: long positions above 1.3550 with targets at 1.3590 & 1.3605 in extension.

Alternative scenario: below 1.3550 look for further downside with 1.3535 & 1.3515 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.3620

1.3605

1.3590

1.3579 Last

1.3550

1.3535

1.3515

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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