• USD/CAD dipped on Thursday as the dollar softened following weaker-than-expected U.S. inflation data.
• U.S. consumer prices increased less than anticipated in the year to November, slightly boosting expectations for a January Federal Reserve rate cut, although the data was affected by the prolonged government shutdown.
• The Labor Department's Bureau of Labor Statistics reported on Thursday that the Consumer Price Index increased 2.7% year-on-year in November, below economists’ forecast of a 3.1% rise.
• The Federal Reserve tracks the Personal Consumption Expenditures Price Index for its 2% inflation target.
• Looking ahead, Statistics Canada is set to release the official retail sales data for October 2025 tomorrow, Friday.
• Immediate resistance is located at 1.3821(38.2%fb), any close above will push the pair towards 1.3902(61.8%fb).
• Support is seen at 1.3723(23.6%fb) and break below could take the pair towards 1.3666(Lower BB).
Recommendation: Good to sell around 1.3780, with stop loss of 1.3850 and target price of 1.3700


FxWirePro- Major Crypto levels and bias summary
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FxWirePro- Major Pair levels and bias summary 



