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FxWirePro- Woodies pivot (Major) 
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FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
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- USD/CAD jumped to a high of 1.3090 on Friday before trimming gains to end the day at 1.3036 levels.
- The pair has broken major resistance at 1.3000 (100-DMA), scope for further gains on charts.
- Oil edges lower on the day, ignores bullish comments from Saudi oil minister, keeps CAD subdued.
- Momentum studies for the pair are bullish. 1.3090 (Friday’s high), above which the pair could target 1.3107 (June 28 high), 1.3121 (June 27 high) and then 1.3189 (May 24 high).
- Weakness only on break below 1.2986 (23.6% Fib of Jan to May fall), test of 1.2931 (50-DMA) then likely.
- US and Canada data docket is empty today, focus remains on sentiment across markets and the oil price movements.
Recommendation: Good to buy dips around 1.3020/25, SL: 1.2985, TP: 1.3090/ 1.31/ 1.3120/ 1.3190
