USD/CAD may rise 19 - 34 pips

Pivot

1.3730

Our preference

Long positions above 1.3730 with targets at 1.3765 & 1.3780 in extension.

Alternative scenario

Below 1.3730 look for further downside with 1.3710 & 1.3695 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

1.3790

1.3780

1.3765

1.3746 Last

1.3730

1.3710

1.3695

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