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FxWirePro- Major Pair levels and bias summary 
- USD/CAD is trading lower and intraday bias is weak as long as resistance 1.26910 holds. Lonnie has declined sharply on account of stronger crude oil prices. The pair formed a minor bottom around 1.2650 and is currently trading around 1.25812.
- US crude oil prices jumped almost 3% on Friday on reports of a unit shut down at one of the largest oil refineries in the U.S. Market also watches geopolitical tensions between U.S and North Korea for further direction. Major support is around $46.50 and any minor weakness can be seen below that level.
- Lonnie is facing strong resistance at 1.2745 (23.6% retracement of 1.27960 and 1.24194) and this confirms minor bullishness a jump till 1.2770/1.2850 (38.2% retracement of 1.3547 and 1.24132) likely.
- On the lower side, any break below 1.2500 confirms intraday weakness, a decline till 1.2500/1.2415 .
It is good to sell on rallies around 1.26500 with SL around 1.27000 for the TP of 1.2550/1.2480
