USD/CAD Intraday: the upside prevails.

 

USD/CAD Intraday: the upside prevails.
 
Pivot:
1.2370
 
Our preference:
Long positions above 1.2370 with targets at 1.2430 & 1.2450 in extension.
 
Alternative scenario:
Below 1.2370 look for further downside with 1.2350 & 1.2330 as targets.
 
Comment:
The RSI shows upside momentum.
 
Analyst Views Chart
 



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