USD/CAD may rise 19 - 39 pips

Pivot

1.3690

Our preference

Long positions above 1.3690 with targets at 1.3740 & 1.3760 in extension.

Alternative scenario

Below 1.3690 look for further downside with 1.3670 & 1.3650 as targets.

Comment

The RSI advocates for further advance.

Supports and resistances

1.3780

1.3760

1.3740

1.3721 Last

1.3690

1.3670

1.3650

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