USD/CAD Intraday: key resistance at 1.3700.

Pivot: 1.3700

Our preference: short positions below 1.3700 with targets at 1.3650 & 1.3620 in extension.

Alternative scenario: above 1.3700 look for further upside with 1.3725 & 1.3745 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.3700.

Supports and resistances:

1.3745

1.3725

1.3700

1.3679 Last

1.3650

1.3620

1.3600

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 03-21-2023 at 05:15 UTC+1

Price reference: 1.3679 last known on 03-21-2023 at 05:15 UTC+1

Investment horizon: INTRADAY