USD/CAD may rise 14 - 39 pips

Pivot

1.3680

Our preference

Long positions above 1.3680 with targets at 1.3715 & 1.3740 in extension.

Alternative scenario

Below 1.3680 look for further downside with 1.3665 & 1.3645 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1.3760

1.3740

1.3715

1.3701 Last

1.3680

1.3665

1.3645

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