USD/CAD Intraday : The Upside Prevails

USD CAD Intraday 3 May 2021

USD CAD Intraday 3 May 2021 : The Upside Prevails

Pivot:
1.2265

Our preference:
Long positions above 1.2265 with targets at 1.2320 & 1.2350 in extension.

Alternative scenario:
Below 1.2265 look for further downside with 1.2245 & 1.2225 as targets.

Comment:
The RSI is mixed to bullish.

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