USD/CAD may fall 18 - 33 pips

Pivot

1.3835

Our preference

Short positions below 1.3835 with targets at 1.3810 & 1.3795 in extension.

Alternative scenario

Above 1.3835 look for further upside with 1.3850 & 1.3865 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3865

1.3850

1.3835

1.3828 Last

1.3810

1.3795

1.3780

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