USD/CAD may rise 20 - 35 pips

Pivot

1.3810

Our preference

Long positions above 1.3810 with targets at 1.3845 & 1.3860 in extension.

Alternative scenario

Below 1.3810 look for further downside with 1.3795 & 1.3780 as targets.

Comment

The next resistances are at 1.3845 and then at 1.3860.

Supports and resistances

1.3880

1.3860

1.3845

1.3825 Last

1.3810

1.3795

1.3780

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