USD/CAD slipped backwards towards 1.3215 levels after the release of Canadian current account index in the early US session. However, decline is expected to be limited around 1.3280 levels as the pair is likely to find strong support around 1.3280 levels.
- Currently the pair has rebounded after hitting support level at 1.3315 levels, and it is set to reach 1.3360 and 1.3430 levels in the short term. Therefore, and it's good to buy this pair on dips.
- The immediate support can be seen at 1.3315, break below this level will expose the pair to next support level at 1.3280.
- Major resistance can be seen at 1.3387, break above this level will expose it towards 1.3430 levels.
Recommendation: Go long above 1.3300 with targets at 1.3360, 1.3390 SL 1.3240.
Resistance Levels
R1: 1.3340 (Nov 25th high)
R2: 1.3387 (23.6% Retracement level)
R3: 1.3430 (Nov 13th high)
Support Levels
S1: 1.3315 (38.2% Retracement level)
S2: 1.3280 (Nov 27th lows)
S3: 1.3256 (50% Retracement level)


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum 



