USD/CAD Intraday: key resistance at 1.3980.

Pivot: 1.3980

Our preference: short positions below 1.3980 with targets at 1.3930 & 1.3915 in extension.

Alternative scenario: above 1.3980 look for further upside with 1.3995 & 1.4015 as targets.

Comment: as long as 1.3980 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.4015

1.3995

1.3980

1.3954 Last

1.3930

1.3915

1.3900