USD/CAD may fall 31 - 46 pips

Pivot

1.3745

Our preference

Short positions below 1.3745 with targets at 1.3710 & 1.3695 in extension.

Alternative scenario

Above 1.3745 look for further upside with 1.3765 & 1.3790 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3790

1.3765

1.3745

1.3741 Last

1.3710

1.3695

1.3680

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