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USD/CAD Intraday: consolidation in place.
2024-02-15
179
Pivot: 1.3565
Our preference: short positions below 1.3565 with targets at 1.3525 & 1.3505 in extension.
Alternative scenario: above 1.3565 look for further upside with 1.3585 & 1.3600 as targets.
Comment: as long as 1.3565 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.3600
1.3585
1.3565
1.3541 Last
1.3525
1.3505
1.3485
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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