USD/CAD may rise 39 - 59 pips
Pivot
1.2890
Our preference
Long positions above 1.2890 with targets at 1.2975 & 1.2995 in extension.
Alternative scenario
Below 1.2890 look for further downside with 1.2860 & 1.2835 as targets.
Comment
The RSI shows upside momentum.
