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USD/CAD Intraday: rebound.
2024-02-20
537
Pivot: 1.3470
Our preference: long positions above 1.3470 with targets at 1.3530 & 1.3550 in extension.
Alternative scenario: below 1.3470 look for further downside with 1.3450 & 1.3430 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3560
1.3550
1.3530
1.3507 Last
1.3470
1.3450
1.3430
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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