The USD/ CAD has strongly bounced towards 1.3586 levels, after breaking above1.3550 resistance level. The pair has been trading in bullish trend off late as the Canadian dollar is weighted down by falling oil prices.
- The pair is set to continue advancing further, as long as the pair trades above 1.3480 levels. The pair has close below 1.3480 in order find any bearish momentum unless until it's good to go long on this pair.
- To the upside, the strong resistance can be seen at 1.3621, a break above this level would take the pair all the way towards 1.3700 levels.
- To the downside immediate support can be seen 1.3548, a break below this level will take the pair to next level at 1.3513.
Recommendation: Go long above 1.3520, targets 1.3580, 1.0640, SL 1.3470
Resistance Levels
- R1: 1.3592 (23.6% Retracement level)
- R2: 1.3621 (Daily high)
- R3: 1.3663
Support Levels
- S1: 1.3550 (38.2% Retracement level)
- S2: 1.3513 (50% Retracement level)
- S3: 1.3480 (61.8% Retracement level)


FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: GBP/AUD edged higher, set to stay on back foot
AUDJPY Relief Rally: A Golden Opportunity for the Bears?
FxWirePro- Major Pair levels and bias summary
Ethereum Technical Outlook: ETH Braces for Support as Bulls Eye the USD 2,200 Buy Zone
FxWirePro- Major Crypto levels and bias summary
GBPJPY Technical Check: Is the Dragon Running Out of Fire?
FxWirePro: EUR/AUD momentum strongly bearish despite pause in losses
FxWirePro: USD/CAD gains some ground but bearish outlook persists
FxWirePro= Major European Indices
NZDJPY Technical Outlook: Selling the Rallies as Bearish Momentum Consolidates
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran peace deal hopes
Bitcoin Targets USD 90,000: Bullish Sentiment Solidifies as Realized Profits Surge
FxWirePro- Woodies pivot (Major)
Swiss Strength Persists: USDCHF Slumps Below 0.7800 Amid Broad Greenback Sell-Off 



