USD/CAD Intraday Signal: Watch 1.3685
The USD/CAD Intraday Signal reflects a consolidation phase with price stabilizing above the pivot level at 1.3685. A short-term support base has formed around this level, allowing for temporary stabilization and preserving mild upside potential. As long as price holds above 1.3685, buyers retain limited tactical control within the consolidation range.
Immediate resistance is located at 1.3715. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the target at 1.3730. Holding above the pivot keeps the constructive intraday structure intact.
Alternatively, a decisive break below 1.3685 would invalidate the stabilizing scenario and expose lower support levels at 1.3670 and 1.3650, suggesting a potential short-term corrective move.
Trade Setup:
Enter: Long above 1.3685
Stop-Loss (SL): 1.3670
Target A: 1.3715
Target B: 1.3730