USD/CAD has lost more than 150 pips from the high of 1.33599 on account of easing trade war and rising crude oil Prices. US and China trade talks was positive and no trade tariff for next three months. The tariff may increase only if no agreement reached after three months. Canada’s economic growth slowed down to 2% in the third quarter compared to 2.9% in previous quarter. Loonie declined till 1.31755 and currently trading around 1.31763.
Crude oil price has shown a good recovery of more than 9% from low of $57.53 on account of US and China trade tariff suspension. Brent crude oil is currently trading around $62.02.
On the lower side, near term major support is around 1.3130 (55- day EMA) and any break below will drag the pair till 1.3090/1.3000.
The near term resistance is around 1.3260 and any convincing break above targets 1.3320/1.3385 (Jun 27th 2018 high).Any break above 1.3380 confirms bullish continuation.
It is good to sell on rallies around 1.3215-20 with SL around 1.3260 for the TP of 1.3000.
Resistance
R1- 1.3215
R2 - 1.3260
R3- 1.3320
Support
S1- 1.3130
S2- 1.3090
S3- 1.3000


Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro- Woodies pivot (Major)
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 



