USD/CAD intraday : Rebound or deeper decline ahead?

Limited Decrease
l
2026-08-17 15:46Source:TC

Our pivot point is at 1.3899.

Our preference: The downside prevails as long as 1.3899 is resistance, with 1.3843 and 1.3830 as targets

Alternative scenario: above 1.3899, look for 1.3920 and 1.3932.

Comment: As prices close in on our first target, this level may spark a pullback. However, a definitive break below it could pave the way for a deeper decline.

Supports and resistances:

1.3932 **

1.3920 *

1.3899 **

1.3855 last

1.3843

1.3830 **

1.3818 *

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 08-17-2026 at 15:46 UTC+1

Price reference: 1.3855 last known on 08-17-2026 at 15:46 UTC+1

Investment horizon: INTRADAY

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