USD/CAD may fall 28 - 48 pips

BY Trading Central

|April 12, 2024

Intraday: consolidation.

 Intraday: consolidation.



Our preference

Short positions below 1.3725 with targets at 1.3660 & 1.3640 in extension.

Alternative scenario

Above 1.3725 look for further upside with 1.3750 & 1.3775 as targets.


The RSI lacks upward momentum.

Supports and resistances




1.3688 Last




Number of asterisks represents the strength of support and resistance levels.

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