USD/CAD Intraday Signal: Watch 1.3660
The USD/CAD Intraday Signal reflects constructive price action as the pair remains supported by a rising trend line above the pivot level at 1.3660. Momentum conditions remain supportive, with the RSI lacking downward momentum and indicating limited selling pressure. As long as price trades above 1.3660, the upside bias remains intact.
Immediate resistance is located at 1.3700. A sustained move above this level would confirm renewed buying interest and likely extend the advance toward the upside objective at 1.3715. Holding above the pivot reinforces the positive intraday structure and keeps buyers in tactical control.
Trade Setup:
Enter: Long above 1.3660
Stop-Loss (SL): 1.3645
Target A: 1.3700
Target B: 1.3715