USD/CAD intraday : the downside prevails as long as 1.4044 is resistance

Our pivot point is at 1.4044.

Our preference: the downside prevails as long as 1.4044 is resistance

Alternative scenario: above 1.4044, look for 1.4063 and 1.4074.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.4032 and 1.4029).

Supports and resistances:

1.4074 **

1.4063 *

1.4044 **

1.4036

1.4021 last

1.3995

1.3984 **