USD/CAD intraday : Target level as a potential turning point

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u
202601211425008d0178e12f6cb49e8c159e246535ff71
USDCAD+0%
2026-11-06 04:45Source:TC

Our pivot point is at 1.3996.

Our preference: The upside prevails as long as 1.3996 is support, with 1.4046 and 1.4060 as targets

Alternative scenario: below 1.3996, expect 1.3973 and 1.3960.

Comment: Prices are now close to our first target. Reaching this level could trigger a throwback. Conversely, a clear break above it could help drive the asset price higher.

Supports and resistances:

1.4074 *

1.4060 **

1.4046

1.4034 last

1.3996 **

1.3973 *

1.3960 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-06-2026 at 04:45 UTC+1

Price reference: 1.4034 last known on 11-06-2026 at 04:45 UTC+1

Investment horizon: INTRADAY

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