USD/CAD Intraday: key resistance at 1.3630.

Pivot: 1.3630

Our preference: short positions below 1.3630 with targets at 1.3585 & 1.3565 in extension.

Alternative scenario: above 1.3630 look for further upside with 1.3660 & 1.3690 as targets.

Comment: as long as 1.3630 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3690

1.3660

1.3630

1.3612 Last

1.3585

1.3565

1.3540

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 03-29-2023 at 09:22 UTC+1

Price reference: 1.3612 last known on 03-29-2023 at 09:22 UTC+1

Investment horizon: INTRADAY