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USD/CAD Intraday: the downside prevails.
2024-05-02
846
Pivot: 1.3755
Our preference: short positions below 1.3755 with targets at 1.3700 & 1.3685 in extension.
Alternative scenario: above 1.3755 look for further upside with 1.3780 & 1.3800 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1.3800
1.3780
1.3755
1.3723 Last
1.3700
1.3685
1.3670
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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