USDCAD lost more than 40 pips after the release of Canadian jobs data. It came at 35.2k vs forecast of 24.9k and the unemployment rate declined to 5.6% from 5.8%. But US Non-farm-payroll shows that the economy has added 145k jobs in Dec vs forecast of 162k and the unemployment rate came at 3.5%. Average hourly earnings m/m at 0.1% vs estimate 0.3%. It hits low of 1.30292 and is currently trading around 1.30411. It has formed a temporary top around 1.2955 and jumped till 1.31049 yesterday.
USDCAD is facing strong resistance around 1.3100-05 and any further bullish continuation only beyond that level. Any break up targets 1.31480/1.31800. The minor resistance is at 1.30600.
On the flip side, near-term support is around 1.3020 and any indicative break under will drag the pair till 1.3000/1.29500.
It is good to sell on rallies around 1.3045-48 with SL around 1.3080 for the TP of 1.2960.


FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525 



