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USD/CAD Intraday: under pressure.
2024-04-23
73
Pivot: 1.3725
Our preference: short positions below 1.3725 with targets at 1.3680 & 1.3655 in extension.
Alternative scenario: above 1.3725 look for further upside with 1.3750 & 1.3765 as targets.
Comment: as long as 1.3725 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3765
1.3750
1.3725
1.3702 Last
1.3680
1.3655
1.3640
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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