Technicals

Add as a preferred source on Google

USD/CAD likely to find support above $1.4100 levels

The pull back from 1.4689 resumed after brief recovery and intraday bias is back on the downside. 1.4689 short terms top are viewed as a consolidative pattern. Downside to be contained by 1.40/1.3815 support zone. Altern…

1 min read
USD/CAD likely to find support above $1.4100 levels
Image from the original EconoTimes article

Read the original article

The pull back from 1.4689 resumed after brief recovery and intraday bias is back on the downside.

  • 1.4689 short terms top are viewed as a consolidative pattern.
     
  • Downside to be contained by 1.40/1.3815 support zone.
     
  • Alternatively a break above 1.4325 minor resistance levels will turn bias back to the upside for retesting 1.4689 high.

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560