- USD/CAD has formed a minor bottom around 1.23405 and jumped slightly from that level. The pair has jumped till 1.24230 and is currently trading around 1.24100.
- The pair has taken support near monthly 55- EMA and any further bearish continuation can be seen only below that level. The major near term support is around 1.23200 and nay break below 1.2200 (trend line support)/1.2000.
- The near term resistance is around 1.24230 (200- W MA) and any break above will confirm minor bullishness, a jump till 1.25094 (38.2% retracement of 1.27780 and 1.23405)/1.2600/1.26625.
It is good to buy on dips around 1.2395-1.2400 with SL around 1.2325 for the TP of 1.2600/1.2660.


Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/CNY partially recovers early session losses
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/ZAR edges lower ,investors remain on edge
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/AUD gains some upside momentum but still bearish 



