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USD/CAD Intraday: the bias remains bullish.

2024-03-06
399

Pivot: 1.3570

Our preference: long positions above 1.3570 with targets at 1.3605 & 1.3620 in extension.

Alternative scenario: below 1.3570 look for further downside with 1.3555 & 1.3540 as targets.

Comment: the next resistances are at 1.3605 and then at 1.3620.

Supports and resistances:

1.3640

1.3620

1.3605

1.3590 Last

1.3570

1.3555

1.3540

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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