USD/CAD may fall 28 - 43 pips

Pivot

1.3600

Our preference

Short positions below 1.3600 with targets at 1.3550 & 1.3535 in extension.

Alternative scenario

Above 1.3600 look for further upside with 1.3620 & 1.3635 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

1.3635

1.3620

1.3600

1.3578 Last

1.3550

1.3535

1.3520

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