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USD/CAD Intraday: bullish bias above 1.3230.
2024-01-02
233
Pivot: 1.3230
Our preference: long positions above 1.3230 with targets at 1.3265 & 1.3285 in extension.
Alternative scenario: below 1.3230 look for further downside with 1.3215 & 1.3195 as targets.
Comment: a support base at 1.3230 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1.3310
1.3285
1.3265
1.3250 Last
1.3230
1.3215
1.3195
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