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USD/CAD intraday : the downside prevails as long as 1.3768 is resistance

Trading Central 2025-05-31 09:05:08
美元加元(USDCAD)

The configuration is negative.

Our pivot point is at 1.3768.

Our preference: the downside prevails as long as 1.3768 is resistance

Alternative scenario: above 1.3768, look for 1.3801 and 1.3820.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.3759 and 1.3792).

Supports and resistances:

1.3820 **

1.3801 *

1.3768 **

1.3756

1.3737 last

1.3693

1.3674 **