USD/CAD may rise 13 - 33 pips

Pivot

1.3745

Our preference

Long positions above 1.3745 with targets at 1.3780 & 1.3800 in extension.

Alternative scenario

Below 1.3745 look for further downside with 1.3725 & 1.3705 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3810

1.3800

1.3780

1.3767 Last

1.3745

1.3725

1.3705

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