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USD/CAD Intraday: towards 1.3810.
2024-04-16
876
Pivot: 1.3755
Our preference: long positions above 1.3755 with targets at 1.3810 & 1.3830 in extension.
Alternative scenario: below 1.3755 look for further downside with 1.3730 & 1.3705 as targets.
Comment: the break above 1.3755 is a positive signal that has opened a path to 1.3810.
Supports and resistances:
1.3850
1.3830
1.3810
1.3782 Last
1.3755
1.3730
1.3705
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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