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USD/CAD Intraday: under pressure.

2024-03-25
281

Pivot: 1.3615

Our preference: short positions below 1.3615 with targets at 1.3550 & 1.3520 in extension.

Alternative scenario: above 1.3615 look for further upside with 1.3630 & 1.3650 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

1.3650

1.3630

1.3615

1.3572 Last

1.3550

1.3520

1.3495

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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