USD/CAD may fall 28 - 48 pips
BY Trading Central
|เมษายน 12, 2567Intraday: consolidation.
Pivot
1.3725
Our preference
Short positions below 1.3725 with targets at 1.3660 & 1.3640 in extension.
Alternative scenario
Above 1.3725 look for further upside with 1.3750 & 1.3775 as targets.
Comment
The RSI lacks upward momentum.
Supports and resistances
1.3775
1.3750
1.3725
1.3688 Last
1.3660
1.3640
1.3620
Number of asterisks represents the strength of support and resistance levels.
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