USDCAD hits fresh 34-month high at 1.37962 and is currently trading around 1.37082. The massive jump due to major sell-off in crude due to price war and coronavirus. WTI crude lost more than 50% this year and hits 4- year low at $27.40. The slight recovery in oil prices due to short covering helping the Canadian dollar.
Technically, near term support is around 1.36895 and any violation below will drag the price down till 1.36560/1.3600.
The immediate major resistance is at 1.3800 and the indicative break above targets 1.3850/1.3900.
It is good to sell on rallies around 1.3758-60 with SL around 1.3800 for the TP of 1.3650.


JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro : GBP/NZD strongly bearish despite upside attempts
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Woodies pivot (Major)
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: AUD/USD gains some ground but outlook is bearish 



