USD/CAD may rise 13 - 38 pips

Pivot

1.3635

Our preference

Long positions above 1.3635 with targets at 1.3670 & 1.3695 in extension.

Alternative scenario

Below 1.3635 look for further downside with 1.3615 & 1.3600 as targets.

Comment

The next resistances are at 1.3670 and then at 1.3695.

Supports and resistances

1.3715

1.3695

1.3670

1.3657 Last

1.3635

1.3615

1.3600

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