USD/CAD Intraday: under pressure.

Pivot: 1.4390

Our preference: short positions below 1.4390 with targets at 1.4325 & 1.4300 in extension.

Alternative scenario: above 1.4390 look for further upside with 1.4410 & 1.4425 as targets.

Comment: as long as the resistance at 1.4390 is not surpassed, the risk of the break below 1.4325 remains high.

Supports and resistances:

1.4425

1.4410

1.4390

1.4358 Last

1.4325

1.4300

1.4280