USD/CAD Intraday: bullish bias above 1.3875.

Limited Increase
u
2026-01-16 03:30Source:TC

Pivot: 1.3875

Our preference: long positions above 1.3875 with targets at 1.3915 & 1.3930 in extension.

Alternative scenario: below 1.3875 look for further downside with 1.3860 & 1.3845 as targets.

Comment: a support base at 1.3875 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.3945

1.3930

1.3915

1.3893 Last

1.3875

1.3860

1.3845

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-16-2026 at 03:30 UTC+1

Price reference: 1.3893 last known on 01-16-2026 at 03:30 UTC+1

Investment horizon: INTRADAY

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