USD/CAD Intraday: further advance.

Pivot: 1.3735

Our preference: long positions above 1.3735 with targets at 1.3800 & 1.3820 in extension.

Alternative scenario: below 1.3735 look for further downside with 1.3710 & 1.3680 as targets.

Comment: the RSI advocates for further advance.

Supports and resistances:

1.3840

1.3820

1.3800

1.3771 Last

1.3735

1.3710

1.3680

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 03-08-2023 at 05:19 UTC+1

Price reference: 1.3771 last known on 03-08-2023 at 05:19 UTC+1

Investment horizon: INTRADAY