USD/CAD has slipped back towards 1.2991 levels, after failing to hold above1.3134 levels, Currently the pair is testing support level at 1.2987. A break below will unleash a strong bearish momentum towards 1.2940 levels.
- The currency pair is trading at 1.2991 levels, it is expected to reach 1.2940 levels and 1.2900 levels in the short term.
- The immediate support can be seen at 1.2987, break below this level will expose the pair to next support level at 1.2940.
- Major resistance can be seen at 1.3076, break above this level will expose it towards 1.3133 (Oct 6th high) levels.
Recommendation: Go short below 1.3000 with targets at 1.2950, 1.2900 SL 1.3150.
Resistance Levels
R1: 1.3034 (50% Retracement level)
R2: 1.3076 (61.8% Retracement level)
R3: 1.3133 (Oct 6th high)
Support Levels
S1: 1.2987 (38.2% Retracement level)
S2: 1.2940 (23.6% Retracement level)
S3: 1.2907 (Aug 28th lows)


FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro- Woodies pivot (Major)
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/NZD stuck in range but outlook is bullish 



