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USD/CAD Intraday: under pressure.

2023-09-12
832

Pivot: 1.3600

Our preference: short positions below 1.3600 with targets at 1.3530 & 1.3510 in extension.

Alternative scenario: above 1.3600 look for further upside with 1.3620 & 1.3635 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.3635

1.3620

1.3600

1.3555 Last

1.3530

1.3510

1.3490

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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