USD/CAD intraday: rebound towards 1.3569
1.3512 is our pivot point.
Our preference: rebound towards 1.3569.
Alternative scenario: the downside breakout of 1.3512 would call for 1.3494 and 1.3484.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3543 and 1.3559).
Supports and resistances:
1.3590 **
1.3579 *
1.3569 **
1.3558
1.3532 last
1.3519
1.3512 **
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