USD/CAD Intraday: consolidation in place.
USD/CAD (USD/CAD)
+0.00484+0.35%
short positions below 1.3885 with targets at 1.3850 & 1.3830 in extension.
Pivot: 1.3885
Our preference: short positions below 1.3885 with targets at 1.3850 & 1.3830 in extension.
Alternative scenario: above 1.3885 look for further upside with 1.3910 & 1.3930 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3885.
Supports and resistances:
1.3930
1.3910
1.3885
1.3871 Last
1.3850
1.3830
1.3810
Our preference: short positions below 1.3885 with targets at 1.3850 & 1.3830 in extension.
Alternative scenario: above 1.3885 look for further upside with 1.3910 & 1.3930 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3885.
Supports and resistances:
1.3930
1.3910
1.3885
1.3871 Last
1.3850
1.3830
1.3810
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