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USD/CAD may fall 22 - 52 pips
U.S. Dollar / Canadian Dollar
Short
USD/CAD may fall 22 - 52 pips
By Daniel_Thompson
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Mar 25
2
Mar 25
Pivot "weakening dollars"
1.3615
Our preference
Short positions below 1.3615 with targets at 1.3550 & 1.3520 in extension.
Alternative scenario
Above 1.3615 look for further upside with 1.3630 & 1.3650 as targets.
Comment
The RSI shows downside momentum.
Supports and resistances
1.3650
1.3630
1.3615
1.3572 Last
1.3550
1.3520
1.3495
Number of asterisks represents the strength of support and resistance levels.
Beyond Technical Analysis
Chart Patterns
Trend Analysis
Daniel_Thompson
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