USD/CAD may rise 21 - 36 pips

Pivot

1.3715

Our preference

Long positions above 1.3715 with targets at 1.3760 & 1.3775 in extension.

Alternative scenario

Below 1.3715 look for further downside with 1.3700 & 1.3685 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

1.3790

1.3775

1.3760

1.3739 Last

1.3715

1.3700

1.3685

Number of asterisks represents the strength of support and resistance levels.