USD/CAD has slipped after hitting resistance level at 1.3124 and is trading at 1.3104. The 1.3060 leves has been strong resistance level in the recent past. Bullish rebound is set to take off around 1.3030 levels, as this area has traditionally been a recovery zone for the bulls in the recent days.
- The currency pair is expected to reach higher levels, as the Canadian dollar has weakened against dollar due to falling oil prices. The immediate support can be seen at 1.3091 (August 18th lows), break below this level will expose the pair to next support level at 1.3059 (61.8% Retracement level).
- Major resistance can be seen at 1.3152 (Aug 17th high), break above this level will expose it to the 1.3185 levels.
Recommendation: Go long above 1.3060 with targets at 1.3090, 1.3120 SL 1.2900.
Resistance Levels
R1: 1.3126 (Aug 18th high)
R2: 1.3152 (Aug 17th high)
R3: 1.3185(Aug 7th high)
Support Levels
S1: 1.3091 (August 18th lows)
S2: 1.3059(61.8% Retracement level)
S3: 3022 (50% Retracement level)


FxWirePro- Major Pair levels and bias summary
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro- Major Pair levels and bias summary
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro- Major Crypto levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 



