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USD/CAD Intraday: the downside prevails.
2024-03-08
203
Pivot: 1.3465
Our preference: short positions below 1.3465 with targets at 1.3425 & 1.3400 in extension.
Alternative scenario: above 1.3465 look for further upside with 1.3480 & 1.3505 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
1.3505
1.3480
1.3465
1.3433 Last
1.3425
1.3400
1.3390
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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