USD/CAD may fall 19 - 34 pips

Intraday: caution.

Pivot

1.3770

Our preference

Short positions below 1.3770 with targets at 1.3745 & 1.3730 in extension.

Alternative scenario

Above 1.3770 look for further upside with 1.3790 & 1.3815 as targets.

Comment

Intraday technical indicators are mixed and call for caution.

Supports and resistances

1.3815

1.3790

1.3770

1.3764 Last

1.3745

1.3730

1.3710

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

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