USD/CAD may rise 19 - 39 pips

Pivot

1.3685

Our preference

Long positions above 1.3685 with targets at 1.3730 & 1.3750 in extension.

Alternative scenario

Below 1.3685 look for further downside with 1.3670 & 1.3650 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3770

1.3750

1.3730

1.3711 Last

1.3685

1.3670

1.3650

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