USD/CAD Intraday: as long as 1.4345 is support look for 1.4463
USD/CAD (USD/CAD)
+0.00095+0.07%
as long as 1.4345 is support look for 1.4463.
Our pivot point stands at 1.4345.
Our preference: as long as 1.4345 is support look for 1.4463.
Alternative scenario: the downside breakout of 1.4345 would call for 1.4304 and 1.4280.
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 below its 20 period moving average (1.4390) but above its 50 period moving average (1.4383).
Supports and resistances:
1.4512 **
1.4488 *
1.4463 **
1.4439
1.4390 last
1.4361
1.4345 **
1.4304 *
1.4280 **
Our preference: as long as 1.4345 is support look for 1.4463.
Alternative scenario: the downside breakout of 1.4345 would call for 1.4304 and 1.4280.
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 below its 20 period moving average (1.4390) but above its 50 period moving average (1.4383).
Supports and resistances:
1.4512 **
1.4488 *
1.4463 **
1.4439
1.4390 last
1.4361
1.4345 **
1.4304 *
1.4280 **
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