USD/CAD may fall 15 - 30 pips

Pivot

1.3705

Our preference

Short positions below 1.3705 with targets at 1.3670 & 1.3655 in extension.

Alternative scenario

Above 1.3705 look for further upside with 1.3720 & 1.3735 as targets.

Comment

A break below 1.3670 would trigger a drop towards 1.3655.

Supports and resistances

1.3735

1.3720

1.3705

1.3685 Last

1.3670

1.3655

1.3640

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