USD/CAD Intraday: the downside prevails.
USD/CAD (USD/CAD)
-0.00176-0.13%
short positions below 1.3705 with targets at 1.3660 & 1.3640 in extension.
Pivot: 1.3705
Our preference: short positions below 1.3705 with targets at 1.3660 & 1.3640 in extension.
Alternative scenario: above 1.3705 look for further upside with 1.3725 & 1.3740 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.3740
1.3725
1.3705
1.3669 Last
1.3660
1.3640
1.3620
Our preference: short positions below 1.3705 with targets at 1.3660 & 1.3640 in extension.
Alternative scenario: above 1.3705 look for further upside with 1.3725 & 1.3740 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.3740
1.3725
1.3705
1.3669 Last
1.3660
1.3640
1.3620
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