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USD/CAD Intraday: further advance.

2023-10-25
246

Pivot: 1.3750

Our preference: long positions above 1.3750 with targets at 1.3835 & 1.3860 in extension.

Alternative scenario: below 1.3750 look for further downside with 1.3730 & 1.3715 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.3875

1.3860

1.3835

1.3806 Last

1.3750

1.3730

1.3715

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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