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USD/CAD ST: under pressure.
2024-01-03
855
Pivot: 1.3480
Our preference: short positions below 1.3480 with targets at 1.3090 & 1.2950 in extension.
Alternative scenario: above 1.3480 look for further upside with 1.3620 & 1.3760 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
1.3760 **
1.3620 ***
1.3480 ***
1.3322 Last
1.3090 ***
1.2950 ***
1.2730 **
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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