USD/CAD declines sharply nearly 200 pips after hitting 6-month high at 1.3449. The main reason for sudden jump in Canadian dollar is better than expected Canada jobs data. Canadian economy has added 94000 jobs for the month of Nov compared to forecast of 10500 and unemployment rate decline to 5.6% compared to 5.8% previous month. The pair hits low of 1.32537 and currently trading around 1.33159.
Brent crude oil price has recovered sharply after OPEC agreed for production cut of 1.2 million barrels a day .It has jumped till $63.67 and is currently trading around $61.67.
On the lower side, near term major support is around 1.3250 and any break below will drag the pair till 1.3200/1.3160.
The pair is facing major resistance around 1.3380 and any break above targets 1.34508/1.3500 is possible.
It is good to buy on dips around 1.3250 with SL around 1.3200 for the TP of 1.3500.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CNY gains some ground but bearish outlook persists 



