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USD/CAD Intraday: further advance.

2024-01-02
562

Pivot: 1.3260

Our preference: long positions above 1.3260 with targets at 1.3330 & 1.3350 in extension.

Alternative scenario: below 1.3260 look for further downside with 1.3230 & 1.3215 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.3375

1.3350

1.3330

1.3316 Last

1.3260

1.3230

1.3215

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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