FxWirePro: USD/CAD consolidates around 1.3530, eyes 1.3600

• USD/CAD rose above 1.3500 level on Thursday   as US dollar gained on expectations the U.S. Federal Reserve will not rush to cut interest rates.

• Stronger-than-expected U.S. private payrolls data on Wednesday heightened expectations for a solid non-farm payrolls report on Friday, which could influence the pace of Fed policy easing

• The safe-haven U.S. dollar also saw heightened demand as tensions rose in the Middle East after Iran's ballistic missile strike on Israel, which led to a pledge of retaliation.

 •  At GMT 14:54 USD/CAD was trading 0.23% up at  1.3533  after hitting daily high at  1.3533  

•   Immediate resistance is located at 1.3551 (38.2%fib), any close above will push the pair towards 1.3586 ( Sep 23rd high)

• Strong support is seen at 1.3490 (50%fib) and break below could take the pair towards 1.3434(61.8%fib).

  Recommendation: Good to buy  around 1.3520, with stop loss of 1.3430 and target price of 1.3600