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USD/CAD intraday: as long as 1.3665 is support look for 1.3777
2023-10-03
696
1.3665 is our pivot point.
Our preference: as long as 1.3665 is support look for 1.3777.
Alternative scenario: below 1.3665, expect 1.3627 and 1.3605.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is below its 20 period moving average (1.3708) but above its 50 period moving average (1.3695).
Supports and resistances:
1.3821 **
1.3799 *
1.3777 **
1.3754
1.3706 last
1.3679
1.3665 **
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