• USD/CAD initially gained but gave up some ground after data showed Canada's annual inflation rate increased to 1.9% in January.
• Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve were partly offset by higher cost of gasoline and natural gas, data showed on Tuesday.
• The core measures of the consumer price index, which have not declined as fast as the inflation rate in the past few months, edged up too.
• At GMT 15:46 ,the dollar was up 0.04 % at 1.4188 against Canadian dollar.
• Immediate resistance is located at 1.3273(Dec 16th high), any close above will push the pair towards 1.3348(50%fib).
• Support is seen at 1.4162 (61.8%fib) and break below could take the pair towards 1.4111 (Lower BB).
Recommendation: Good to sell around 1.4230, with stop loss of 1.4280, and target price of 1.4150


FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
AUDJPY Holds the Line: Positive Bias Intact Above 109 – Dip Buyers Eyeing 112 Breakout?
FxWirePro- Major European Indices
FxWirePro: AUD/USD climbs to fresh three-year high amid hawkish RBA expectation
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
FxWirePro: USD/JPY slides below 154 level, scope for further downside
FxWirePro: USD/ CNY outlook weaker on renewed downside pressure
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00
GBP/JPY Slips Below 210 as Yen Surge Turns Rallies into Selling Opportunities
FxWirePro: NZD/USD firms, setting up for next leg higher
FxWirePro- Woodies Pivot(Major)
EURGBP Breaks Above 0.8700 on Euro Surge: Bullish Momentum Builds Toward 0.8800+?
FxWirePro- Major Crypto levels and bias summary 



