USD/CAD may fall 10 - 25 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

A break below 1.3810 would trigger a drop towards 1.3795.

Supports and resistances

1.3865

1.3850

1.3835

1.3820 Last

1.3810

1.3795

1.3780

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