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USD/CAD Intraday: key resistance at 1.3710.

2023-10-24
718

Pivot: 1.3710

Our preference: short positions below 1.3710 with targets at 1.3665 & 1.3645 in extension.

Alternative scenario: above 1.3710 look for further upside with 1.3735 & 1.3755 as targets.

Comment: as long as the resistance at 1.3710 is not surpassed, the risk of the break below 1.3665 remains high.

Supports and resistances:

1.3755

1.3735

1.3710

1.3685 Last

1.3665

1.3645

1.3625

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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