The USD/CAD has rebounded back to reclaim 1.3000 levels, after briefly hitting lows earlier at 1.3278. However, in the European session the pair rebounded strongly and broke resistance level at 1.3315.
- Currently the pair is trading around 1.3323 levels and it is set to advance further towards 1.3360 and later towards 1.3390 levels, as the Canadian dollar is broadly weaker against US dollar, therefore it is good to buy this pair around 1.3315.
- The immediate support can be seen at 1.3315, break below this level will expose the pair to next support level at 1.3278.
- Major resistance can be seen at 1.3386, break above this level will expose it towards 1.3436 levels.
Recommendation: Go long above 1.3315 with targets at 1.3060, 1.3400 SL 1.2900.
Resistance Levels
R1: 1.3340 (Daily high)
R2: 1.3386 (23.6% Retracement level)
R3: 1.3436 (Nov 11th high)
Support Levels
S1: 1.3315 (38.2% Retracement level)
S2: 1.3278 (Daily lows)
S3: 1.3255 (50% Retracement level)


FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD extends downtrend eyes 1.3550 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD attracts selling interest, could be on verge of a bigger drop
FxWirePro: GBP/USD gaining momentum for a move towards of 1.3800 level
GBPJPY Stuck in Bearish Box — Sell Rallies While 212 Caps the Upside
AUD/JPY Bounces Off Support — But 108 Still Caps the Upside
AUDJPY Yen Hammer Falls – Profits Sliced, Bears Eye Sub-105
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD edges higher but bulls lack punch
FxWirePro: USD/CAD recovers slightly from early decline but bears are not done yet
FxWirePro: USD/ZAR downtrend loses steam, remains on bearish path
FxWirePro: GBP/NZD stuck in range but maintains bearish bias
FxWirePro- Major European Indices 



