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USD/CAD Intraday: the upside prevails.

2024-01-09
190

Pivot: 1.3345

Our preference: long positions above 1.3345 with targets at 1.3390 & 1.3405 in extension.

Alternative scenario: below 1.3345 look for further downside with 1.3330 & 1.3310 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1.3420

1.3405

1.3390

1.3366 Last

1.3345

1.3330

1.3310

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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