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USD/CAD Intraday: key resistance at 1.3570.

2024-03-04
606

Pivot: 1.3570

Our preference: short positions below 1.3570 with targets at 1.3540 & 1.3525 in extension.

Alternative scenario: above 1.3570 look for further upside with 1.3585 & 1.3600 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.3570.

Supports and resistances:

1.3600

1.3585

1.3570

1.3557 Last

1.3540

1.3525

1.3510

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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