USD/CAD may rise 21 - 41 pips

Intraday: the upside prevails.

Pivot

1.3560

Our preference

Long positions above 1.3560 with targets at 1.3600 & 1.3620 in extension.

Alternative scenario

Below 1.3560 look for further downside with 1.3545 & 1.3530 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

1.3635

1.3620

1.3600

1.3579 Last

1.3560

1.3545

1.3530

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

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