USD/CAD Intraday: target 1.3835.
USD/CAD (USD/CAD)
+0.00241+0.17%
long positions above 1.3785 with targets at 1.3835 & 1.3860 in extension.
Pivot: 1.3785
Our preference: long positions above 1.3785 with targets at 1.3835 & 1.3860 in extension.
Alternative scenario: below 1.3785 look for further downside with 1.3760 & 1.3740 as targets.
Comment: the break above 1.3785 is a positive signal that has opened a path to 1.3835.
Supports and resistances:
1.3880
1.3860
1.3835
1.3814 Last
1.3785
1.3760
1.3740
Our preference: long positions above 1.3785 with targets at 1.3835 & 1.3860 in extension.
Alternative scenario: below 1.3785 look for further downside with 1.3760 & 1.3740 as targets.
Comment: the break above 1.3785 is a positive signal that has opened a path to 1.3835.
Supports and resistances:
1.3880
1.3860
1.3835
1.3814 Last
1.3785
1.3760
1.3740
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.
