USD/CAD Intraday: the downside prevails.
USD/CAD (USD/CAD)
+0.00206+0.15%
short positions below 1.3975 with targets at 1.3935 & 1.3915 in extension.
Pivot: 1.3975
Our preference: short positions below 1.3975 with targets at 1.3935 & 1.3915 in extension.
Alternative scenario: above 1.3975 look for further upside with 1.3995 & 1.4015 as targets.
Comment: as long as the resistance at 1.3975 is not surpassed, the risk of the break below 1.3935 remains high.
Supports and resistances:
1.4015
1.3995
1.3975
1.3959 Last
1.3935
1.3915
1.3890
Our preference: short positions below 1.3975 with targets at 1.3935 & 1.3915 in extension.
Alternative scenario: above 1.3975 look for further upside with 1.3995 & 1.4015 as targets.
Comment: as long as the resistance at 1.3975 is not surpassed, the risk of the break below 1.3935 remains high.
Supports and resistances:
1.4015
1.3995
1.3975
1.3959 Last
1.3935
1.3915
1.3890
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