USD/CAD may rise 10 - 30 pips

Pivot

1.3790

Our preference

Long positions above 1.3790 with targets at 1.3825 & 1.3845 in extension.

Alternative scenario

Below 1.3790 look for further downside with 1.3775 & 1.3755 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.3870

1.3845

1.3825

1.3815 Last

1.3790

1.3775

1.3755

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