USD/CAD may fall 15 - 30 pips

Pivot

1.3605

Our preference

Short positions below 1.3605 with targets at 1.3580 & 1.3565 in extension.

Alternative scenario

Above 1.3605 look for further upside with 1.3620 & 1.3635 as targets.

Comment

The upward potential is likely to be limited by the resistance at 1.3605.

Supports and resistances

1.3635

1.3620

1.3605

1.3595 Last

1.3580

1.3565

1.3550

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