FxWirePro- Crude oil Daily Outlook 
FxWirePro- AKTUSD (Chart of the day) 
FxWirePro-Crude Oil Daily Outlook 
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FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
USD/CAD has once again recovered after showing a minor decline yesterday. The decline in Canada was mainly due to weak crude oil price.The pair hits intraday high of 1.34200 and currently trading around 1.34050.
Brent crude oil price has declined more than $4 and hits fresh low of $57.17 on increasing US oil supply. The monthly Drilling productivity reported by EIA predicted a rise of 134000 barrels a day in US shale oil production.It is currently trading around $58.14.
On the lower side, near term major support is around 1.3320 and any break below will drag the pair till 1.3250/1.3160.
The pair is facing major resistance around 1.3450 and any break above targets 1.3500/1.3585 is possible.
It is good to buy on dips around 1.3360 with SL around 1.3300 for the TP of 1.3500.
