USD/CAD may rise 26 - 51 pips
BY Trading Central
|January 16, 2025Intraday: turning up.
Pivot
1.4320
Our preference
Long positions above 1.4320 with targets at 1.4385 & 1.4410 in extension.
Alternative scenario
Below 1.4320 look for further downside with 1.4300 & 1.4280 as targets.
Comment
The RSI calls for a rebound.
Supports and resistances
1.4440
1.4410
1.4385
1.4359 Last
1.4320
1.4300
1.4280
Number of asterisks represents the strength of support and resistance levels.
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