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USD/CAD intraday: as long as 1.3674 is support look for 1.3779
2023-10-03
409
1.3674 is our pivot point.
Our preference: as long as 1.3674 is support look for 1.3779.
Alternative scenario: the downside breakout of 1.3674 would call for 1.3636 and 1.3614.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is below its 20 period moving average (1.3710) but above its 50 period moving average (1.3698).
Supports and resistances:
1.3824 **
1.3802 *
1.3779 **
1.3757
1.3709 last
1.3688
1.3674 **
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