USD/CAD may rise 27 - 47 pips
BY Trading Central
|diciembre 16, 2024Intraday: range.
Pivot
1.4205
Our preference
Long positions above 1.4205 with targets at 1.4250 & 1.4270 in extension.
Alternative scenario
Below 1.4205 look for further downside with 1.4185 & 1.4165 as targets.
Comment
A support base at 1.4205 has formed and has allowed for a temporary stabilisation.
Supports and resistances
1.4290
1.4270
1.4250
1.4223 Last
1.4205
1.4185
1.4165
Number of asterisks represents the strength of support and resistance levels.
© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.
Technical Event® is a registered trademark of Trading Central.
Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.
Join us on social media
Related Posts
undefined