• USD/CAD retreated slightly from three month high on Wednesday as stronger-than-expected U.S. jobs data and a UK budget release set off choppy trading.
• U.S. private payrolls growth surged in October, overcoming fears of temporary disruptions from hurricanes and strikes, according to the ADP National Employment Report.
•Meanwhile, separate data showed the U.S. economy grew at an annualised rate of 2.8% in the third quarter, slightly lower than the 3% expected by economists.
• Technical highlight upside risks for USD/CAD, with momentum studies, 5, 10 and 11 DMAs tracking north.
• Immediate resistance is located at 1.3948(23.6%fib), any close above will push the pair towards 1.4000(Psychological level).
• Support is seen at 1.3893(5SMA) and break below could take the pair towards 1.3860(38.2%fib).
Recommendation: Good to buy around 1.3900, with stop loss of 1.3820 and target price of 1.3970


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary 



