USD/CAD Intraday: the upside prevails.
USD/CAD (USD/CAD)
-0.00015-0.01%
long positions above 1.4060 with targets at 1.4120 & 1.4140 in extension.
Pivot: 1.4060
Our preference: long positions above 1.4060 with targets at 1.4120 & 1.4140 in extension.
Alternative scenario: below 1.4060 look for further downside with 1.4040 & 1.4020 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
1.4160
1.4140
1.4120
1.4089 Last
1.4060
1.4040
1.4020
Our preference: long positions above 1.4060 with targets at 1.4120 & 1.4140 in extension.
Alternative scenario: below 1.4060 look for further downside with 1.4040 & 1.4020 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
1.4160
1.4140
1.4120
1.4089 Last
1.4060
1.4040
1.4020
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