USD/CAD may fall 22 - 37 pips
BY Trading Central
|august 22, 2024Intraday: under pressure.
Pivot
1.3610
Our preference
Short positions below 1.3610 with targets at 1.3565 & 1.3550 in extension.
Alternative scenario
Above 1.3610 look for further upside with 1.3625 & 1.3640 as targets.
Comment
The break below 1.3610 is a negative signal that has opened a path to 1.3565.
Supports and resistances
1.3640
1.3625
1.3610
1.3587 Last
1.3565
1.3550
1.3535
Number of asterisks represents the strength of support and resistance levels.
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