USD/CAD may rise to 1.3900 - 1.4030
BY Trading Central
|aprile 24, 2024ST: the upside prevails.
Pivot
1.3560
Our preference
Long positions above 1.3560 with targets at 1.3900 & 1.4030 in extension.
Alternative scenario
Below 1.3560 look for further downside with 1.3350 & 1.3280 as targets.
Comment
The RSI is mixed to bullish.
Supports and resistances
1.4175 **
1.4030 ***
1.3900 ***
1.3665 Last
1.3560 ***
1.3350 ***
1.3280 ***
Number of asterisks represents the strength of support and resistance levels.
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