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USD/CAD intraday : the upside prevails as long as 1.3789 is support

Trading Central 2025-08-16 11:07:08
美元加元(USDCAD)

The configuration is positive.

Our pivot point is at 1.3789.

Our preference: the upside prevails as long as 1.3789 is support

Alternative scenario: below 1.3789, expect 1.3761 and 1.3745.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.3806 and 1.3806).

Supports and resistances:

1.3904 **

1.3888 *

1.3871 **

1.3854

1.3819 last

1.3800

1.3789 **