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USD/CAD Intraday: capped by a negative trend line.
2024-04-22
165
Pivot: 1.3750
Our preference: short positions below 1.3750 with targets at 1.3700 & 1.3680 in extension.
Alternative scenario: above 1.3750 look for further upside with 1.3765 & 1.3785 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.3785
1.3765
1.3750
1.3727 Last
1.3700
1.3680
1.3660
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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