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USD/CAD Intraday: under pressure.
2024-04-18
992
Pivot: 1.3785
Our preference: short positions below 1.3785 with targets at 1.3740 & 1.3725 in extension.
Alternative scenario: above 1.3785 look for further upside with 1.3805 & 1.3835 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.3835
1.3805
1.3785
1.3766 Last
1.3740
1.3725
1.3700
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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