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USD/CAD Intraday: key resistance at 1.3810.

Trading Central 2025-05-07 19:08:09
美元加元(USDCAD)

Short positions below 1.3810 with targets at 1.3770 & 1.3750 in extension.

Pivot: 1.3810

Our preference: short positions below 1.3810 with targets at 1.3770 & 1.3750 in extension.

Alternative scenario: above 1.3810 look for further upside with 1.3830 & 1.3860 as targets.

Comment: as long as 1.3810 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3860

1.3830

1.3810

1.3789 Last

1.3770

1.3750

1.3730