USD/CAD Intraday: the downside prevails.
USD/CAD (USD/CAD)
+0.00102+0.07%
short positions below 1.3845 with targets at 1.3800 & 1.3775 in extension.
Pivot: 1.3845
Our preference: short positions below 1.3845 with targets at 1.3800 & 1.3775 in extension.
Alternative scenario: above 1.3845 look for further upside with 1.3865 & 1.3895 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.3895
1.3865
1.3845
1.3814 Last
1.3800
1.3775
1.3750
Our preference: short positions below 1.3845 with targets at 1.3800 & 1.3775 in extension.
Alternative scenario: above 1.3845 look for further upside with 1.3865 & 1.3895 as targets.
Comment: the immediate trend remains down and the momentum is strong.
Supports and resistances:
1.3895
1.3865
1.3845
1.3814 Last
1.3800
1.3775
1.3750
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.
