USD/CAD may rise 17 - 32 pips

Pivot

1.3680

Our preference

Long positions above 1.3680 with targets at 1.3720 & 1.3735 in extension.

Alternative scenario

Below 1.3680 look for further downside with 1.3670 & 1.3655 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

1.3750

1.3735

1.3720

1.3703 Last

1.3680

1.3670

1.3655

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