USD/CAD may fall 23 - 43 pips

Pivot

1.3865

Our preference

Short positions below 1.3865 with targets at 1.3835 & 1.3815 in extension.

Alternative scenario

Above 1.3865 look for further upside with 1.3880 & 1.3900 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3900

1.3880

1.3865

1.3858 Last

1.3835

1.3815

1.3795

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