USD/CAD Intraday: further advance.

Jun 18, 2024 11:20
USD/CAD (USD/CAD)
+0.00473+0.35%
long positions above 1.3730 with targets at 1.3765 & 1.3780 in extension.
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Pivot: 1.3730

Our preference: long positions above 1.3730 with targets at 1.3765 & 1.3780 in extension.

Alternative scenario: below 1.3730 look for further downside with 1.3710 & 1.3695 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1.3790
1.3780
1.3765
1.3746 Last
1.3730
1.3710
1.3695

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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