USD/CAD may rise 18 - 33 pips

Pivot

1.3615

Our preference

Long positions above 1.3615 with targets at 1.3650 & 1.3665 in extension.

Alternative scenario

Below 1.3615 look for further downside with 1.3600 & 1.3585 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.3685

1.3665

1.3650

1.3632 Last

1.3615

1.3600

1.3585

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