Intraday trend- Bearish
Significant support- 1.3300
USDCAD lost its shine despite weak Canadian jobs data. The Canadian economy lost 17400 jobs in May, below the estimate of 21200 jobs. The unemployment rate rose to 5.2%compared to a forecast of 5.1%. It hits a low of 1.33164 yesterday and is currently trading around 1.33214.
Technically in the 4-hour chart, the pair is holding below short-term (21- and 55 EMA) and 200 EMA (1.36301). Any break below 1.3300 will take the pair to 1.3220/1.3200.
The near-term resistance is around 1.337 and any breach above targets is 1.3400/1.3435/1.3500.
Indicators (4 Hour chart)
CCI (50)- Bearish
ADX- bearish
It is good to sell on rallies around 1.3350 with SL around 1.3400 for a TP of 1.3220.


FxWirePro:USD/JPY hovers near a four-decade low
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/NZD gains some ground but outlook is bearish 



