USDCAD hits fresh 34-month high at 1.38245 and is currently trading around 1.38126. The decline in crude oil prices due to price war and coronavirus is putting pressure on the Canadian dollar. WTI crude lost more than 15% after a minor recovery of $36.28.
Technically, near term support is around 1.37500 and any violation below will drag the price down till 1.3700/1.36800.Any major bearishness only below 1.3500.
The pair is holding above 1.3800, a jump till 1.3900/1.3400 is likely.
It is good to buy on dips around 1.3758-60 with SL around 1.3700 for the TP of 1.4000.


FxWirePro- Major Crypto levels and bias summary
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro- Major Pair levels and bias summary
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 



