USD/CAD Intraday: the bias remains bullish.

Oct 1, 2024 11:35 AM

long positions above 1.3505 with targets at 1.3560 & 1.3575 in extension.

Pivot: 1.3505
Our preference:
long positions above 1.3505 with targets at 1.3560 & 1.3575 in extension.
Alternative scenario:
below 1.3505 look for further downside with 1.3490 & 1.3470 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
1.3590
1.3575
1.3560
1.3535 Last
1.3505
1.3490
1.3470

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