USD/CAD Intraday: key resistance at 1.3630.

Jul 11, 2024 02:03
USD/CAD (USD/CAD)
+0.00026+0.02%
short positions below 1.3630 with targets at 1.3605 & 1.3590 in extension.
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Pivot: 1.3630

Our preference: short positions below 1.3630 with targets at 1.3605 & 1.3590 in extension.

Alternative scenario: above 1.3630 look for further upside with 1.3645 & 1.3660 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.3630.

Supports and resistances:
1.3660
1.3645
1.3630
1.3621 Last
1.3605
1.3590
1.3570

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.
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