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- Major resistance -1.4000
- The pair has made a high of 1.4160 yesterday and started to retreat from that level. It is currently trading around 1.39085.
- On the lower side major support is around 1.3880 and break below 1.3880 will drag the pair down till 1.3820/1.3780.
- Any further bullishness can be seen only if Loonie closes above 1.4000. Any close above 1.4000 will take the pair to next level 1.4080/1.4140.
It is good to sell on rallies around 1.3965-70 with SL around 1.4025 for the TP of 1.3880/1.3820
