• The USD/CAD pair inched higher in the US as Canadian dollar was pressured by the weak trend in the country's exports and lower oil prices, while a solid U.S. jobs gain supported the greenback.
   
• US nonfarm payrolls increased by 161,000 jobs last month amid gains in construction, healthcare and professional and business services, the Labor Department said on Friday.
   
• The currency pair is trading around 1.3425 levels ,it is set to advance further towards 1.3500 and 1.3530 in the short term.
   
• To the upside, immediate resistance can be seen at 1.3447, a break above will take the pair towards next resistance level at 1.3500.
   
• To the downside, strong support can be seen at 1.3404 levels, a break below will open the door towards next level at 1.3360.
  
  Resistance Levels
  
  R1: 1.3447 (38.2% Retracement level)
  
  R2: 1.3500 (Psychological levels)
  
  R3: 1.35530 (March 1st high)
  
  Support Levels
  
  S1: 1.3404 (50% Retracement level)
  
  S2: 1.3360 (61.8% Retracement level)
  
  S3: 1.3312 (Oct 26th lows)