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USD/CAD Intraday: further advance.

2023-10-19
898

Pivot: 1.3690

Our preference: long positions above 1.3690 with targets at 1.3740 & 1.3760 in extension.

Alternative scenario: below 1.3690 look for further downside with 1.3675 & 1.3655 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

1.3790

1.3760

1.3740

1.3723 Last

1.3690

1.3675

1.3655

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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