• USD/CAD slipped backwards after towards at 1.3300 levels in the early European session. However, after finding support at 1.3300 levels, the pair has rebounded strongly to trade around 1.3332 levels. 
   
• The pair remains in bullish territory unless until it trades above 1.3300 psychological levels, Therefore its good buy this pair around 1.3300 levels.
   
• The currency pair is trading at 1.3328 levels, it is expected to reach 1.3360 levels and 1.3390 levels in the short term. 
   
• The immediate support can be seen at 1.3294, break below this level will expose the pair to next support level at 1. resistance can be seen at 1.3330, break above this level will expose it towards 1.3371 levels.
  
  Recommendation: Go long above 1.3300 with targets at 1.3360, 1.3390 SL 1.3240.
  
  Resistance Levels
  
  R1: 1.3330 (Daily high)
  
  R2: 1.3356 (23.6% Retracement level)
  
  R3: 1.3371 (Nov 16th high)
  
  Support Levels
  
  S1: 1.3294 (38.2% Retracement level)
  
  S2: 1.3265 (Nov 11th lows)
  
  S3: 1.3243 (50% Retracement level)