USD/CAD Intraday: under pressure.
USD/CAD (USD/CAD)
-0.00071-0.05%
short positions below 1.3675 with targets at 1.3620 & 1.3590 in extension.
Pivot: 1.3675
Our preference: short positions below 1.3675 with targets at 1.3620 & 1.3590 in extension.
Alternative scenario: above 1.3675 look for further upside with 1.3700 & 1.3720 as targets.
Comment: as long as the resistance at 1.3675 is not surpassed, the risk of the break below 1.3620 remains high.
Supports and resistances:
1.3720
1.3700
1.3675
1.3653 Last
1.3620
1.3590
1.3560
Our preference: short positions below 1.3675 with targets at 1.3620 & 1.3590 in extension.
Alternative scenario: above 1.3675 look for further upside with 1.3700 & 1.3720 as targets.
Comment: as long as the resistance at 1.3675 is not surpassed, the risk of the break below 1.3620 remains high.
Supports and resistances:
1.3720
1.3700
1.3675
1.3653 Last
1.3620
1.3590
1.3560
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