USD/CAD may fall 23 - 38 pips
BY Trading Central
|March 14, 2024Intraday: key resistance at 1.3485.
Pivot
1.3485
Our preference
Short positions below 1.3485 with targets at 1.3455 & 1.3440 in extension.
Alternative scenario
Above 1.3485 look for further upside with 1.3500 & 1.3515 as targets.
Comment
As long as the resistance at 1.3485 is not surpassed, the risk of the break below 1.3455 remains high.
Supports and resistances
1.3515
1.3500
1.3485
1.3478 Last
1.3455
1.3440
1.3425
Number of asterisks represents the strength of support and resistance levels.
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