USD/CAD is neutral

Pivot

1.3900

Our preference

Short positions below 1.3900 with targets at 1.3180 & 1.3025 in extension.

Alternative scenario

Above 1.3900 look for further upside with 1.4260 & 1.4660 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

1.4660

1.4260

1.3900

1.3453 Last

1.3180

1.3025

1.2725

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