USD/CAD Intraday: the downside prevails.

Trading Central 2025-05-21 17:31:18

美元加元(USDCAD)

Short positions below 1.3935 with targets at 1.3860 & 1.3840 in extension.

Pivot: 1.3935

Our preference: short positions below 1.3935 with targets at 1.3860 & 1.3840 in extension.

Alternative scenario: above 1.3935 look for further upside with 1.3965 & 1.3995 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:

1.3995

1.3965

1.3935

1.3891 Last

1.3860

1.3840

1.3820