- EUR/CAD has broken major trendline support at 1.4160.
- Downside in the pair has paused just shy of strong support at 1.4024 (Nov 30, 2015 low).
- Violation there see little support till 1.3023 (Apr 13, 2015 low).
- Technical indicators on daily, weekly and monthly charts are bearish.
- Support levels - 1.4027 (session low), 1.4024 (Nov 30, 2015 low), 1.3515 (June 29 week low)
- Resistance levels - 1.4160 (trendline), 1.42 (5-DMA), 1.4230 (Dec 2 high)
Recommendation: Good to sell rallies around 1.4125/50, SL: 1.4360, TP: 1.4025/ 1.40/ 1.3750/ 1.3515
FxWirePro's Hourly EUR Spot Index was at -92.4422(Highly bearish), while Hourly CAD Spot Index was at 53.0895 (Neutral) at 0725 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex


FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major Pair levels and bias summary 



