- Major support – 1.2934 (trend line joining 1.29649 and 1.29475)
- Major intraday resistance- 1.2985 (Jul 7th 2016 high at the time of writing)
- USD/CAD has retreated after making a high of 1.29840 level. It is currently trading around 1.29301.
- Loonie has broken the major trend line support at 1.2934 just now and declined till 1.29230 at the time of writing.
- Any break below 1.2934 confirms minor trend reversal, a decline till 1.2860/1.2835 is possible.
- On the higher side any break above 1.2985 targets 1.3045/1.3095.
Indicators:
ADX- Trending up
CCI(50) – Sell
It is good to sell on rallies around 1.2935-1.2938 with SL around 1.2985 for the TP of 1.2865/1.2835


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro- Woodies Pivot(Major) 



