USD/CAD may rise 9 - 24 pips

Pivot

1.3760

Our preference

Long positions above 1.3760 with targets at 1.3790 & 1.3805 in extension.

Alternative scenario

Below 1.3760 look for further downside with 1.3745 & 1.3730 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3815

1.3805

1.3790

1.3781 Last

1.3760

1.3745

1.3730

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