USD/CAD may fall 21 - 41 pips

Pivot

1.3620

Our preference

Short positions below 1.3620 with targets at 1.3590 & 1.3570 in extension.

Alternative scenario

Above 1.3620 look for further upside with 1.3640 & 1.3660 as targets.

Comment

The break below the support at 1.3620 triggered a bearish acceleration to the support at 1.3590.

Supports and resistances

1.3660

1.3640

1.3620

1.3611 Last

1.3590

1.3570

1.3550

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