USD/CAD Intraday: bullish bias above 1.4385
Dec 26, 2024 11:54 PM
long positions above 1.4385 with targets at 1.4430 & 1.4450 in extension.
Pivot: 1.4385
Our preference:
long positions above 1.4385 with targets at 1.4430 & 1.4450 in extension.
Alternative scenario:
below 1.4385 look for further downside with 1.4365 & 1.4345 as targets.
Comment:
the break above 1.4385 is a positive signal that has opened a path to 1.4430.
Supports and resistances:
1.4470
1.4450
1.4430
1.4409 Last
1.4385
1.4365
1.4345
Our preference:
long positions above 1.4385 with targets at 1.4430 & 1.4450 in extension.
Alternative scenario:
below 1.4385 look for further downside with 1.4365 & 1.4345 as targets.
Comment:
the break above 1.4385 is a positive signal that has opened a path to 1.4430.
Supports and resistances:
1.4470
1.4450
1.4430
1.4409 Last
1.4385
1.4365
1.4345
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.
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USD/CAD
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