USD/CAD Intraday Scalping Levels
Key Intraday Support Zones
(Scalp buys only if price action confirms)- Strong intraday demand zone
- Buy only on rejection (long lower wicks, bullish engulfing on M5/M15)
- 1.3755
- 1.3775
- 1.3715 (tight)
- Conservative: below 1.3705
- Valid only if 1.3725 breaks cleanly
- Look for momentum slowdown or divergence before buying
- 1.3710
- 1.3730
- Below 1.3665
Key Intraday Resistance Zones
(Preferred scalp-sell areas)- Intraday supply + prior support
- Ideal for short setups on rejection
- 1.3750
- 1.3730
- Above 1.3815
- High-probability fade zone if USD spikes on data
- 1.3800
- 1.3775
- Above 1.3880
Scalping Playbook (Important)
- Best sessions:
- London–New York overlap
- NY session open
- Avoid entering 2–5 minutes before high-impact US or Canada data
- Use fixed risk (≤0.5% per trade)
Momentum Scalp Setup (Break & Retest)
If 1.3725 breaks decisively:- Sell retest at 1.3725–1.3730
- Targets:
- 1.3695
- 1.3680
- Stop:
- Above 1.3745
Bias Summary
- Below 1.3800 → Sell rallies
- Above 1.3725 → Quick bounce scalps only
- Break below 1.3725 → Momentum shorts favored