USD/CAD may fall 23 - 38 pips

Pivot

1.3735

Our preference

Short positions below 1.3735 with targets at 1.3705 & 1.3690 in extension.

Alternative scenario

Above 1.3735 look for further upside with 1.3750 & 1.3765 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3765

1.3750

1.3735

1.3728 Last

1.3705

1.3690

1.3670

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