USD/CAD may fall 14 - 29 pips

Pivot

1.3630

Our preference

Short positions below 1.3630 with targets at 1.3600 & 1.3585 in extension.

Alternative scenario

Above 1.3630 look for further upside with 1.3650 & 1.3665 as targets.

Comment

The break below 1.3630 is a negative signal that has opened a path to 1.3600.

Supports and resistances

1.3665

1.3650

1.3630

1.3614 Last

1.3600

1.3585

1.3550

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