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FxWirePro: USD/CAD breaks resistence at 1.22013, sell deals are recomended below 1.21900

USD/CAD broke the Strong support at 1.2310 in yesterdays session due to dovish comments from FOMC . The currency is trading at 1.2177 level the immediate strong support can be seen at 1.21644 a break below this level wil…

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USD/CAD  broke the Strong support at 1.2310 in yesterdays session due to dovish comments from FOMC . 


The currency is trading at 1.2177 level the immediate strong support can be seen at 1.21644 a break below this level will expose the pair to next support level at 1.2067 .


Major resisstence  can be found at 1.2390 a break above this level will exposes it to the 1.2450 handle.

Recommendation: Go short below 1.2200 with Target @1.2150, 1.2090 SL @ 1.2250

Resistance Levels

R1:1.2236

R2:1.2310

R3:1.2405

Support Levels

S1:1.2164

S2:1.2067

S3:1.1915

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