USD/CAD may rise 19 - 39 pips
BY Trading Central
|September 9, 2024Intraday: the upside prevails.
Pivot
1.3530
Our preference
Long positions above 1.3530 with targets at 1.3580 & 1.3600 in extension.
Alternative scenario
Below 1.3530 look for further downside with 1.3510 & 1.3485 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
1.3620
1.3600
1.3580
1.3561 Last
1.3530
1.3510
1.3485
Number of asterisks represents the strength of support and resistance levels.
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