USD/CAD Intraday: the downside prevails.

Trading Central 2025-05-14 07:48:05

美元加元(USDCAD)

Short positions below 1.3960 with targets at 1.3910 & 1.3890 in extension.

Pivot: 1.3960

Our preference: short positions below 1.3960 with targets at 1.3910 & 1.3890 in extension.

Alternative scenario: above 1.3960 look for further upside with 1.3980 & 1.4000 as targets.

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

Supports and resistances:

1.4000

1.3980

1.3960

1.3931 Last

1.3910

1.3890

1.3870