USD/CAD Intraday: under pressure.

Limited Decrease
l
202601211425008d0178e12f6cb49e8c159e246535ff71
USDCAD+0%
2025-04-29 11:47Source:TC

Pivot: 1.3870

Our preference: short positions below 1.3870 with targets at 1.3780 & 1.3760 in extension.

Alternative scenario: above 1.3870 look for further upside with 1.3890 & 1.3925 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

1.3925

1.3890

1.3870

1.3829 Last

1.3780

1.3760

1.3730

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 04-29-2025 at 11:47 UTC+1

Price reference: 1.3829 last known on 04-29-2025 at 11:47 UTC+1

Investment horizon: INTRADAY

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