JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 
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The USD/CAD pair continued to gain from its Yesterdays close, as the Canadian dollar lost further ground against US dollar on Thursday. Crude oil prices declined below 40$ per barrel on track to their first weekly loss in over a month pressured by record high US stockpiles.
- The currency pair is trading around 1.3247 levels, it is expected to reach 1.3300 levels and 1.3350 levels in the short term.
- The immediate support can be seen at 1.3221, break below this level will expose the pair to next support level at 1.3176.
- Major resistance can be seen at 1.3265, break above this level will expose it towards 1.3318 and beyond.
Resistance Levels
- R1: 1.3265 (38.2% Retracement level)
- R2: 1.3318 (38.2% Retracement level)
- R3: 1.3365 (March 16th low)
Support Levels
- S1: 1.3221 (50% Retracement level)
- S2: 1.3176 (61.8% Retracement level)
- S3: 1.3110 (March 23rd lows)
