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USD/CAD Intraday: expect 1.3350.

2024-01-12
675

Pivot: 1.3410

Our preference: short positions below 1.3410 with targets at 1.3365 & 1.3350 in extension.

Alternative scenario: above 1.3410 look for further upside with 1.3425 & 1.3440 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:

1.3440

1.3425

1.3410

1.3385 Last

1.3365

1.3350

1.3330

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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