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USD/CAD Intraday: the downside prevails.

2024-03-06
741

Pivot: 1.3575

Our preference: short positions below 1.3575 with targets at 1.3510 & 1.3480 in extension.

Alternative scenario: above 1.3575 look for further upside with 1.3605 & 1.3620 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.3620

1.3605

1.3575

1.3525 Last

1.3510

1.3480

1.3460

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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