USD/CAD was trading higher and hits fresh 18- month high after Fed hiked interest rates by 25 basis point and dot plot projection for 2019 fell from three hikes to two.Canadian annual CPI data came at 1.7% in Nov compared to forecast of 1.8% and 2.4% rise in Oct. It hits high of 1.35066 and currently trading around 1.34615.
WTI crude oil price is trading steady after a huge sell-off of more than 9% on Tuesday. US EIA report shows that US commercial crude decreased by 500,000 barrels last week compared to forecast of -2.7 M barrels.It is currently trading around $46.26.
On the lower side, near term major support is around 1.3393 (10- day MA) and any break below will drag the pair till 1.3327/1.32500.
The pair is facing major resistance around 1.3500 and any break above targets 1.3585/1.3600 is possible.
It is good to buy on dips around 1.3430-35 with SL around 1.3380 for the TP of 1.3600.
Resistance
R1- 1.3500
R2 - 1.3580
R3- 1.3625
Support
S1- 1.3393
S2- 1.3320
S3- 1.3250


FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: AUD/USD gains some ground but outlook is bearish
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: AUD/USD cedes early gains ,outlook bearish
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



