USD/CAD may fall 12 - 32 pips

Pivot

1.3745

Our preference

Short positions below 1.3745 with targets at 1.3705 & 1.3685 in extension.

Alternative scenario

Above 1.3745 look for further upside with 1.3765 & 1.3780 as targets.

Comment

A break below 1.3705 would trigger a drop towards 1.3685.

Supports and resistances

1.3780

1.3765

1.3745

1.3717 Last

1.3705

1.3685

1.3670

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