USD/CAD Intraday: the downside prevails
Nov 29, 2024 10:45 AM
short positions below 1.4015 with targets at 1.3980 & 1.3965 in extension.
Pivot: 1.4015
Our preference:
short positions below 1.4015 with targets at 1.3980 & 1.3965 in extension.
Alternative scenario:
above 1.4015 look for further upside with 1.4035 & 1.4060 as targets.
Comment:
as long as 1.4015 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1.4060
1.4035
1.4015
1.3998 Last
1.3980
1.3965
1.3950
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