USD/CAD Intraday Signal: Watch 1.3635
The USD/CAD Intraday Signal reflects constructive price action as the pair aims toward 1.3675 while holding above the pivot level at 1.3635. Momentum conditions remain supportive, with the RSI lacking downward momentum and suggesting limited selling pressure. As long as price trades above 1.3635, the upside bias remains intact.
Immediate resistance is located at 1.3675. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the upside objective at 1.3690. Holding above the pivot reinforces the developing bullish intraday structure.
Trade Setup:
Enter: Long above 1.3635
Stop-Loss (SL): 1.3620
Target A: 1.3675
Target B: 1.3690