USD/CAD may rise 13 - 33 pips

Pivot

1.3700

Our preference

Long positions above 1.3700 with targets at 1.3750 & 1.3770 in extension.

Alternative scenario

Below 1.3700 look for further downside with 1.3670 & 1.3650 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.3800

1.3770

1.3750

1.3737 Last

1.3700

1.3670

1.3650

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