USD/CAD is facing strong trend line resistance around 1.3190 (trend line joining 1.3150 and 1.3176) and break above confirms further bullishness, a jump till 1.3210 cannot be ruled out .
- On the downside minor support is at 1.3130 and break below will drag the pair further down till 1.3100/1.3050/1.3025.
It is good to sell on rallies around 1.31620-650 with SL around 1.3190 for the TP of 1.3055
Resistance
R1- 1.3190
R2-1.3210
R3- 1.3300
Support
S1-1.3130
S2-1.3100
S3-1.3050
