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USD/CAD Intraday: the upside prevails.

2024-04-24
965

Pivot: 1.3650

Our preference: long positions above 1.3650 with targets at 1.3710 & 1.3740 in extension.

Alternative scenario: below 1.3650 look for further downside with 1.3625 & 1.3605 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.3765

1.3740

1.3710

1.3677 Last

1.3650

1.3625

1.3605

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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