USD/CAD Intraday: consolidation in place.

Pivot: 1.3835

Our preference: short positions below 1.3835 with targets at 1.3795 & 1.3770 in extension.

Alternative scenario: above 1.3835 look for further upside with 1.3855 & 1.3870 as targets.

Comment: as long as the resistance at 1.3835 is not surpassed, the risk of the break below 1.3795 remains high.

Supports and resistances:

1.3870

1.3855

1.3835

1.3824 Last

1.3795

1.3770

1.3750