USD/CAD may rise 14 - 34 pips

Pivot

1.3685

Our preference

Long positions above 1.3685 with targets at 1.3720 & 1.3740 in extension.

Alternative scenario

Below 1.3685 look for further downside with 1.3670 & 1.3655 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

1.3755

1.3740

1.3720

1.3706 Last

1.3685

1.3670

1.3655

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