USD/CAD may fall 9 - 24 pips

Pivot

1.3770

Our preference

Short positions below 1.3770 with targets at 1.3745 & 1.3730 in extension.

Alternative scenario

Above 1.3770 look for further upside with 1.3790 & 1.3815 as targets.

Comment

A break below 1.3745 would trigger a drop towards 1.3730.

Supports and resistances

1.3815

1.3790

1.3770

1.3754 Last

1.3745

1.3730

1.3710

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