USD/CAD has declined sharply to trade around 1.3267 levels, from yesterday's high at 1.3368 levels. However, the pair has rebounded and is consolidating around 1.3244 support levels, the pair is set to advance further towards 1.3300 levels and 1.3380 in the short term as oil-correlated Canadian dollar is set to weaken against US dollar in the coming sessions. Therefore its good buy this pair on dips.The immediate support can be seen at 1.3244, break below this level will expose the pair to next support level at 1.3192.
- Major resistance can be seen at 1.3294, break above this level will expose it towards 1.3357 levels.
Recommendation: Go long around 1.3245 with targets at 1.3300, 1.3350 SL 1.3180.
Resistance Levels
R1: 1.3294 (38.2% Retracement level)
R2: 1.3325 (Nov 12th high)
R3: 1.3357 (23.6% Retracement level)
Support Levels
S1: 1.3244 (50% Retracement level)
S2: 1.3221 (Nov 11th low)
S3: 1.3192 (61.8% Retracement level)


Ethereum Trails Bitcoin’s Retreat: Key Support Levels in Focus
FxWirePro- Major Pair levels and bias summary
NZD/JPY Technical Outlook: Bearish Momentum Gains as Resistance Holds
FxWirePro:NZD/USD treads water as Iran uncertainty keeps traders on edge
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
Dollar Dominance: USDCHF Defies Resistance Amid Greenback Surge
Bitcoin Retreats Toward Critical Support as Geopolitical Winds Shift
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro- Major European Indices
FxWirePro: AUD/USD hovers near two-month low, outlook bearish
Ethereum Retreats in Bitcoin’s Shadow: ETH/USD Tests Critical Support at USD 2,075
FxWirePro- Woodies Pivot(Major)
AUDJPY Under Pressure: Bearish Technicals Signal Further Downside for the Aussie
GBP/JPY Technical Outlook: Pound Gains Ground Amid Geopolitical Consolidation
FxWirePro- Major European Indices 



