USD/CAD may fall 6 - 21 pips
BY Trading Central
|June 21, 2024Intraday: under pressure.
Pivot
1.3700
Our preference
Short positions below 1.3700 with targets at 1.3670 & 1.3655 in extension.
Alternative scenario
Above 1.3700 look for further upside with 1.3720 & 1.3735 as targets.
Comment
As long as the resistance at 1.3700 is not surpassed, the risk of the break below 1.3670 remains high.
Supports and resistances
1.3735
1.3720
1.3700
1.3676 Last
1.3670
1.3655
1.3640
Number of asterisks represents the strength of support and resistance levels.
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