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USD/CAD Intraday: the upside prevails.

2023-10-25
1013

Pivot: 1.3715

Our preference: long positions above 1.3715 with targets at 1.3760 & 1.3780 in extension.

Alternative scenario: below 1.3715 look for further downside with 1.3695 & 1.3675 as targets.

Comment: the break above 1.3715 is a positive signal that has opened a path to 1.3760.

Supports and resistances:

1.3800

1.3780

1.3760

1.3738 Last

1.3715

1.3695

1.3675

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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