USD/CAD may rise 18 - 33 pips

Pivot

1.3675

Our preference

Long positions above 1.3675 with targets at 1.3720 & 1.3735 in extension.

Alternative scenario

Below 1.3675 look for further downside with 1.3655 & 1.3635 as targets.

Comment

The break above 1.3675 is a positive signal that has opened a path to 1.3720.

Supports and resistances

1.3750

1.3735

1.3720

1.3702 Last

1.3675

1.3655

1.3635

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