USD/CAD may fall 9 - 24 pips

Pivot

1.3725

Our preference

Short positions below 1.3725 with targets at 1.3695 & 1.3680 in extension.

Alternative scenario

Above 1.3725 look for further upside with 1.3740 & 1.3755 as targets.

Comment

A break below 1.3695 would trigger a drop towards 1.3680.

Supports and resistances

1.3755

1.3740

1.3725

1.3704 Last

1.3695

1.3680

1.3665

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