USD/CAD Intraday: consolidation.

Trading Central 2021-02-23 20:25:15

Pivot: 1.2625

Our preference: short positions below 1.2625 with targets at 1.2580 & 1.2560 in extension.

Alternative scenario: above 1.2625 look for further upside with 1.2650 & 1.2670 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:




1.2611 Last




The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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