USD/CAD may fall 20 - 35 pips

Pivot

1.3610

Our preference

Short positions below 1.3610 with targets at 1.3565 & 1.3550 in extension.

Alternative scenario

Above 1.3610 look for further upside with 1.3625 & 1.3640 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

1.3640

1.3625

1.3610

1.3585 Last

1.3565

1.3550

1.3535

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