USD/CAD Intraday: as long as 1.3950 is support look for 1.4047
USD/CAD (USD/CAD)
+0.00003+0.00%
as long as 1.3950 is support look for 1.4047.
Our pivot point stands at 1.3950.
Our preference: as long as 1.3950 is support look for 1.4047.
Alternative scenario: below 1.3950, expect 1.3915 and 1.3894.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3982 and 1.3979).
Supports and resistances:
1.4089 **
1.4068 *
1.4047 **
1.4027
1.3983 last
1.3963
1.3950 **
1.3915 *
1.3894 **
Our preference: as long as 1.3950 is support look for 1.4047.
Alternative scenario: below 1.3950, expect 1.3915 and 1.3894.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3982 and 1.3979).
Supports and resistances:
1.4089 **
1.4068 *
1.4047 **
1.4027
1.3983 last
1.3963
1.3950 **
1.3915 *
1.3894 **
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