USD/CAD Intraday: bullish bias above 1.3830.

Pivot: 1.3830

Our preference: long positions above 1.3830 with targets at 1.3880 & 1.3900 in extension.

Alternative scenario: below 1.3830 look for further downside with 1.3810 & 1.3785 as targets.

Comment: a support base at 1.3830 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.3920

1.3900

1.3880

1.3855 Last

1.3830

1.3810

1.3785