USD/CAD has slipped towards 1.3250 levels after failing to break minor resistance level located at 1.3295 in the early European session today. However, the pair has managed to rebound after testing support level located at 1.3250.
- Currently the pair is making an attempt to test resistance level at 1.3295. The support level at 1.3250 is set to act as strong barrier to bears and initiate a bullish momentum towards 1.3350 and later towards 1.3380 levels. Therefore, it's good to buy this pair around 1.3270 levels.
- To the upside, the strong resistance can be seen at 1.3295, a break above this level would take the pair towards next resistance level at 1.3320.
- To the downside immediate support can be seen 1.3250, a break below this level will open the door towards next level at 1.3188.
Recommendation: Go long around 1.3270, targets 1.3330, 1.3370, SL 1.3200
Resistance Levels
R1: 1.3295 (38.2% Retracement level)
R2: 1.3320 (Nov 6th high)
R3: 1.3354 (23.6% Retracement level)
Support Levels
S1: 1.3250 (Daily lows)
S2: 1.3238 (50% Retracement level)
S3: 1.3188 (61.8% Retracement level)


FxWirePro- Major European Indices
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro- Woodies pivot (Major)
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: USD/ZAR bears maintain upper hand
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 



