USD/CAD may rise 13 - 33 pips

Pivot

1.3730

Our preference

Long positions above 1.3730 with targets at 1.3770 & 1.3790 in extension.

Alternative scenario

Below 1.3730 look for further downside with 1.3710 & 1.3690 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

1.3820

1.3790

1.3770

1.3757 Last

1.3730

1.3710

1.3690

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