- Candlestick Pattern Formed- Bullish Engulfing Pattern
- Major Support – 1.3073 (200- day MA)
- Loonie has formed Bullish Engulfing pattern in weekly chart. The pair declined till 1.30800 previous week before Fed meeting and jumped sharply after Fed increased the Federal funds rate projection to thrice from two.
- The pair made a high of 1.34169 and declined slightly from that level. It is currently trading around 1.33342.
- On the higher side, any break above 1.3420 will take the pair to next level till 1.3470/1.3530/1.35885 (Nov 2016 high).
- The next immediate support stands at 1.3233 (50- day MA) and any break below will drag the pair down till 1.3150/1.3080.
It is good to buy on dips around 1.3300 with SL around 1.3230 for the TP of 1.3465/1.3530
Resistance R1-1.3420
R2-1.3530
R3- 1.35880
Support
S1-1.3230
S2-1.3150
S3- 1.3080


BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: GBP/AUD moves lower on weak UK data
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Woodies Pivot(Major)
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/ZAR edges higher but bearish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro- Major European Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD advances on steady UK GDP growth 



