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USD/CAD Intraday: the downside prevails.

2024-03-21
383

Pivot: 1.3520

Our preference: short positions below 1.3520 with targets at 1.3455 & 1.3420 in extension.

Alternative scenario: above 1.3520 look for further upside with 1.3550 & 1.3575 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

1.3575

1.3550

1.3520

1.3476 Last

1.3455

1.3420

1.3400

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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