USD/CAD Intraday: the upside prevails as long as 1.3831 is support
USD/CAD (USD/CAD)
+0.00068+0.05%
the upside prevails as long as 1.3831 is support
Our pivot point is at 1.3831.
Our preference: the upside prevails as long as 1.3831 is support
Alternative scenario: below 1.3831, expect 1.3808 and 1.3794.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3843 and 1.3840). Finally, the USD/CAD is trading above its upper Bollinger band (standing at 1.3856).
Supports and resistances:
1.3928 **
1.3914 *
1.3901 **
1.3887
1.3859 last
1.3839
1.3831 **
1.3808 *
1.3794 **
Our preference: the upside prevails as long as 1.3831 is support
Alternative scenario: below 1.3831, expect 1.3808 and 1.3794.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3843 and 1.3840). Finally, the USD/CAD is trading above its upper Bollinger band (standing at 1.3856).
Supports and resistances:
1.3928 **
1.3914 *
1.3901 **
1.3887
1.3859 last
1.3839
1.3831 **
1.3808 *
1.3794 **
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