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USD/CAD Intraday: under pressure.
2024-01-04
195
Pivot: 1.3365
Our preference: short positions below 1.3365 with targets at 1.3315 & 1.3300 in extension.
Alternative scenario: above 1.3365 look for further upside with 1.3385 & 1.3400 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.3400
1.3385
1.3365
1.3340 Last
1.3315
1.3300
1.3285
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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