USD/CAD Intraday: under pressure

Feb 11, 2025 11:57 PM

short positions below 1.4310 with targets at 1.4265 & 1.4245 in extension.

Pivot: 1.4310
Our preference:
short positions below 1.4310 with targets at 1.4265 & 1.4245 in extension.
Alternative scenario:
above 1.4310 look for further upside with 1.4330 & 1.4345 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
1.4345
1.4330
1.4310
1.4284 Last
1.4265
1.4245
1.4220

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