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USD/CAD Intraday: consolidation.

2024-04-03
958

Pivot: 1.3585

Our preference: short positions below 1.3585 with targets at 1.3555 & 1.3540 in extension.

Alternative scenario: above 1.3585 look for further upside with 1.3600 & 1.3615 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:

1.3615

1.3600

1.3585

1.3573 Last

1.3555

1.3540

1.3525

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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