USD/CAD may rise 10 - 30 pips
BY Trading Central
|10 30, 2024Intraday: bullish bias above 1.3900.
Pivot
1.3900
Our preference
Long positions above 1.3900 with targets at 1.3930 & 1.3950 in extension.
Alternative scenario
Below 1.3900 look for further downside with 1.3885 & 1.3870 as targets.
Comment
The RSI calls for a bounce.
Supports and resistances
1.3970
1.3950
1.3930
1.3920 Last
1.3900
1.3885
1.3870
Number of asterisks represents the strength of support and resistance levels.
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