USD/CAD may rise 19 - 39 pips

Intraday: the upside prevails.

Pivot

1.3530

Our preference

Long positions above 1.3530 with targets at 1.3580 & 1.3600 in extension.

Alternative scenario

Below 1.3530 look for further downside with 1.3510 & 1.3485 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

1.3620

1.3600

1.3580

1.3561 Last

1.3530

1.3510

1.3485

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

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