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FxWirePro- Woodies pivot (Major) 
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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
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FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
USDCAD trades lower after a 100 pips jump in past two trading days. The jump was mainly due to broad based US dollar buying. Canadian manufacturing sales came at 2.1% in Mar after declining 0.2% in Feb. Crude oil has shown a good recovery of more than $3 on US and Iran geopolitical tension. It hits intraday low of 1.34515 and is currently trading around 1.34594.
On the lower side, near term support is around 1.3385 (55- day EMA) and any break below will drag the pair to next level till 1.3350/1.3300. Any break below 1.32750 confirms further bearishness.
The near term resistance is around 1.3440 and any break above will take the pair to next level till 1.3500. Any break above 1.3520 will take the pair till 1.3580/1.3660.
It is good to sell on rallies around 1.3475-80 with SL around 1.3520 for the TP of 1.3300.
