USD/CAD Intraday: under pressure.
Pivot: 1.3475
Our preference: short positions below 1.3475 with targets at 1.3430 & 1.3415 in extension.
Alternative scenario: above 1.3475 look for further upside with 1.3490 & 1.3505 as targets.
Comment: the upward potential is likely to be limited by the resistance at 1.3475.
Supports and resistances:
1.3505
1.3490
1.3475
1.3449 Last
1.3430
1.3415
1.3400
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.
CM Trade Mobile Application
Economics Calendar
More