• The USD/CAD pair remained bullish tone on Friday as buying interest continued as oil fell and domestic manufacturing sales rose by less than expected.
   
• Canadian manufacturing sales edged up by 0.1 percent in July from June. The gain was well below the 1 percent gain forecast by analysts.
   
• Further, decline for this pair is expected to be limited as US dollar is set to gain further ground against Canadian dollar in the short term.
   
• To the upside, the strong resistance can be seen at 1.3300, a break above this level would take the pair towards next resistance level at 1.3360.
   
• To the downside, strong support can be seen 1.3234, a break below this level will open the door towards next level at 1.3188.
  
  Resistance Levels
  
  R1: 1.3249 (23.6% Retracement level)                      
  
  R2: 1.3300 (Psychological levels)
  
  R3: 1.3360 (March 11th high)
  
  Support Levels
  
  S1: 1.3234 (38.2% Retracement level)
  
  S2: 1.3188 (50% Retracement level)
  
  S3: 1.3140 (61.8% Retracement level)