USD/CAD may rise 22 - 37 pips
BY Trading Central
|iulie 18, 2024Intraday: bullish bias above 1.3660.
Pivot
1.3660
Our preference
Long positions above 1.3660 with targets at 1.3700 & 1.3715 in extension.
Alternative scenario
Below 1.3660 look for further downside with 1.3645 & 1.3630 as targets.
Comment
A support base at 1.3660 has formed and has allowed for a temporary stabilisation.
Supports and resistances
1.3730
1.3715
1.3700
1.3678 Last
1.3660
1.3645
1.3630
Number of asterisks represents the strength of support and resistance levels.
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