USD/CAD Intraday: under pressure.

Pivot: 1.3860

Our preference: short positions below 1.3860 with targets at 1.3810 & 1.3790 in extension.

Alternative scenario: above 1.3860 look for further upside with 1.3875 & 1.3890 as targets.

Comment: as long as 1.3860 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

1.3890

1.3875

1.3860

1.3833 Last

1.3810

1.3790

1.3770