• The USD/CAD inched higher to hit one-week high on Tuesday, as fall in oil prices and growing concern about a potential British exit from the European Union weighed on the risk-sensitive commodity-linked currency.
   
• The ongoing upside is set to continue as the support level at 1.2747 is set to hold the bears from falling further below and rebound back to higher side.
   
• To the upside, the immediate resistance can be seen at 1.2871, a break above this level would take the pair towards next resistance level at 1.2950.
   
• To the downside immediate support can be seen 1.2838, a break below this level will open the door towards next level at 1.2747.
  
  Resistance Levels
  
  R1: 1.2871 (Daily high)                     
  
  R2: 1.2950 (23.6% Retracement level)
  
  R3: 1.3000 (Psychological levels)
  
  Support Levels
  
  S1: 1.2838 (38.2% Retracement level)
  
  S2: 1.2747 (50% Retracement level)
  
  S3: 1.2658 (61.8% Retracement level)