USDCAD has recovered sharply more than 150 pips from an intraday low of 1.40315. The massive sell-off in WTI crude oil prices yesterday and fallen below $0 level first time in history. Ahead of expiry on Tuesday, NYMEX futures declined to minus $37.63 a barrel.
Technically, near term support is around 1.4160 and any violation below will drag the pair down till 1.410/1.40535.
The immediate resistance is at 1.423 and any indicative break above targets 1.4300/1.43490.
It is good to buy on dips around 1.4178-80 with SL around 1.4140 for the TP of 1.4300.


EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: USD/ZAR bears maintain upper hand
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro- Major Crypto levels and bias summary
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 



