USD/CAD Intraday: consolidation in place.

USD/CAD (USD/CAD)
-0.00189-0.14%
short positions below 1.3785 with targets at 1.3750 & 1.3730 in extension.
image
Pivot: 1.3785

Our preference: short positions below 1.3785 with targets at 1.3750 & 1.3730 in extension.

Alternative scenario: above 1.3785 look for further upside with 1.3800 & 1.3815 as targets.

Comment: as long as 1.3785 is resistance, likely decline to 1.3750.

Supports and resistances:
1.3815
1.3800
1.3785
1.3773 Last
1.3750
1.3730
1.3710

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.
goTop
quote