USD/CAD may rise 18 - 33 pips

Pivot

1.3620

Our preference

Long positions above 1.3620 with targets at 1.3650 & 1.3665 in extension.

Alternative scenario

Below 1.3620 look for further downside with 1.3600 & 1.3585 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3685

1.3665

1.3650

1.3632 Last

1.3620

1.3600

1.3585

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