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USD/CAD Intraday: under pressure.

2024-01-09
401

Pivot: 1.3375

Our preference: short positions below 1.3375 with targets at 1.3330 & 1.3310 in extension.

Alternative scenario: above 1.3375 look for further upside with 1.3390 & 1.3405 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

1.3405

1.3390

1.3375

1.3351 Last

1.3330

1.3310

1.3290

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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