USD/CAD Intraday: the downside prevails.
USD/CAD (USD/CAD)
-0.00294-0.21%
short positions below 1.4035 with targets at 1.4000 & 1.3980 in extension.
Pivot: 1.4035
Our preference: short positions below 1.4035 with targets at 1.4000 & 1.3980 in extension.
Alternative scenario: above 1.4035 look for further upside with 1.4050 & 1.4065 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
1.4065
1.4050
1.4035
1.4020 Last
1.4000
1.3980
1.3960
Our preference: short positions below 1.4035 with targets at 1.4000 & 1.3980 in extension.
Alternative scenario: above 1.4035 look for further upside with 1.4050 & 1.4065 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
1.4065
1.4050
1.4035
1.4020 Last
1.4000
1.3980
1.3960
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
