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USD/CAD Intraday: the upside prevails.
2023-10-05
320
Pivot: 1.3735
Our preference: long positions above 1.3735 with targets at 1.3800 & 1.3825 in extension.
Alternative scenario: below 1.3735 look for further downside with 1.3705 & 1.3690 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.3850
1.3825
1.3800
1.3782 Last
1.3735
1.3705
1.3690
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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