USD/CAD may rise 24 - 44 pips
BY Trading Central
|February 5, 2024Intraday: bullish bias above 1.3450.
Pivot
1.3450
Our preference
Long positions above 1.3450 with targets at 1.3510 & 1.3530 in extension.
Alternative scenario
Below 1.3450 look for further downside with 1.3430 & 1.3410 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
1.3550
1.3530
1.3510
1.3486 Last
1.3450
1.3430
1.3410
Number of asterisks represents the strength of support and resistance levels.
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