USD/CAD Intraday: the upside prevails as long as 1.3923 is support
USD/CAD (USD/CAD)
+0.00147+0.11%
the upside prevails as long as 1.3923 is support.
Our pivot point is at 1.3923.
Our preference: the upside prevails as long as 1.3923 is support.
Alternative scenario: below 1.3923, expect 1.3893 and 1.3875.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3935 and 1.3933).
Supports and resistances:
1.4041 **
1.4022 *
1.4004 **
1.3986
1.3950 last
1.3935
1.3923 **
1.3893 *
1.3875 **
Our preference: the upside prevails as long as 1.3923 is support.
Alternative scenario: below 1.3923, expect 1.3893 and 1.3875.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3935 and 1.3933).
Supports and resistances:
1.4041 **
1.4022 *
1.4004 **
1.3986
1.3950 last
1.3935
1.3923 **
1.3893 *
1.3875 **
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