KVB PRIME Daily Analysis
USD/CAD Intraday: choppy.
Pivot: 1.3520
Our preference: short positions below 1.3520 with targets at 1.3465 & 1.3445 in extension.
Alternative scenario: above 1.3520 look for further upside with 1.3540 & 1.3560 as targets.
Comment: as long as 1.3520 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:1.3560,1.3540,1.3520,1.3486 Last,1.3465,1.3445,1.3425
EUR/USD Intraday: further advance.
Pivot: 1.0535
Our preference: long positions above 1.0535 with targets at 1.0580 and 1.0600.
Alternative scenario: below 1.0535 look for further downside with 1.0515 & 1.0490 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:1.0620,1.0600,1.0580 1.0562 Last,1.0535,1.0515,1.0490
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