USD/CAD intraday: intraday support around 0.975.
26-May-11
07:26
Pivot: 0.975
Our preference: Long positions above 0.975 with targets @ 0.9815 & 0.9845 in extension.
Alternative scenario: Below 0.975 look for further downside with 0.9715 & 0.9695 as targets.
Comment: the RSI lacks momentum.
Key levels
0.9875
0.9845
0.9815
0.9764 last
0.975
0.9715
0.9695
Ticker: CAD