USD/CAD Intraday: bullish bias above 1.3505
Oct 1, 2024 9:58 AM
long positions above 1.3505 with targets at 1.3560 & 1.3575 in extension.
Pivot: 1.3505
Our preference:
long positions above 1.3505 with targets at 1.3560 & 1.3575 in extension.
Alternative scenario:
below 1.3505 look for further downside with 1.3490 & 1.3470 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3590
1.3575
1.3560
1.3535 Last
1.3505
1.3490
1.3470
Our preference:
long positions above 1.3505 with targets at 1.3560 & 1.3575 in extension.
Alternative scenario:
below 1.3505 look for further downside with 1.3490 & 1.3470 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
1.3590
1.3575
1.3560
1.3535 Last
1.3505
1.3490
1.3470
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
Related Instruments
USD/CAD
1.43687
-0.00255
-0.18%