USD/CAD may rise 10 - 25 pips

Pivot

1.3785

Our preference

Long positions above 1.3785 with targets at 1.3815 & 1.3830 in extension.

Alternative scenario

Below 1.3785 look for further downside with 1.3770 & 1.3755 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

1.3845

1.3830

1.3815

1.3805 Last

1.3785

1.3770

1.3755

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