USD/CAD may fall 17 - 32 pips
BY Trading Central
|7 26, 2024Intraday: turning down.
Pivot
1.3830
Our preference
Short positions below 1.3830 with targets at 1.3795 & 1.3780 in extension.
Alternative scenario
Above 1.3830 look for further upside with 1.3845 & 1.3860 as targets.
Comment
As long as the resistance at 1.3830 is not surpassed, the risk of the break below 1.3795 remains high.
Supports and resistances
1.3860
1.3845
1.3830
1.3812 Last
1.3795
1.3780
1.3765
Number of asterisks represents the strength of support and resistance levels.
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