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USD/CAD Intraday: under pressure.
2023-10-27
410
Pivot: 1.3840
Our preference: short positions below 1.3840 with targets at 1.3790 & 1.3770 in extension.
Alternative scenario: above 1.3840 look for further upside with 1.3865 & 1.3885 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
1.3885
1.3865
1.3840
1.3800 Last
1.3790
1.3770
1.3750
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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