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USD/CAD Intraday: further upside.
2024-04-16
498
Pivot: 1.3770
Our preference: long positions above 1.3770 with targets at 1.3830 & 1.3850 in extension.
Alternative scenario: below 1.3770 look for further downside with 1.3750 & 1.3730 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
1.3870
1.3850
1.3830
1.3805 Last
1.3770
1.3750
1.3730
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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