USD/CAD Intraday: as long as 1.3955 is support look for 1.4054
Nov 20, 2024 7:28 PM
as long as 1.3955 is support look for 1.4054.
Our pivot point is at 1.3955.
Our preference:
as long as 1.3955 is support look for 1.4054.
Alternative scenario:
below 1.3955, expect 1.3920 and 1.3899.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.3991) but above its 50 period moving average (1.3973).
Supports and resistances:
1.4095 **
1.4075 *
1.4054 **
1.4033
1.3989 last
1.3968
1.3955 **
1.3920 *
1.3899 **
Our preference:
as long as 1.3955 is support look for 1.4054.
Alternative scenario:
below 1.3955, expect 1.3920 and 1.3899.
Comment:
the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (1.3991) but above its 50 period moving average (1.3973).
Supports and resistances:
1.4095 **
1.4075 *
1.4054 **
1.4033
1.3989 last
1.3968
1.3955 **
1.3920 *
1.3899 **
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USD/CAD
1.39659
-0.00140
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