USD/CAD Intraday: Trend at a crossroads
USD/CAD (USD/CAD)+0.00097+0.07%
As long as 1.4111 is resistance, look for 1.4038

Our pivot point is at 1.4111.
Our preference: As long as 1.4111 is resistance, look for 1.4038
Alternative scenario: above 1.4111, look for 1.4134 and 1.4148.
Comment: The asset is now hovering dangerously close to our pivot, representing a pivotal moment that could be among the last opportunities for a trend reversal.
Supports and resistances:
1.4148 **
1.4134 *
1.4111 **
1.4098 last
1.4052
1.4038 **
1.4025 *
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.