USD/CAD Intraday: key resistance at 1.3750.

Pivot: 1.3750

Our preference: short positions below 1.3750 with targets at 1.3680 & 1.3655 in extension.

Alternative scenario: above 1.3750 look for further upside with 1.3775 & 1.3800 as targets.

Comment: as long as the resistance at 1.3750 is not surpassed, the risk of the break below 1.3680 remains high.

Supports and resistances:

1.3800

1.3775

1.3750

1.3712 Last

1.3680

1.3655

1.3630

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 03-20-2023 at 12:22 UTC+1

Price reference: 1.3712 last known on 03-20-2023 at 12:22 UTC+1

Investment horizon: INTRADAY