USD/CAD trades above 1.2360, jump till 1.2500 is possible

• RES 4 : 1.2440 (Jun 9^th 2015)
  
  
• RES 3:   1.23950 (61.8% retracement of 1.25617 and 1.2126)
  
  
•  RES 2: 1.2381 (Cloud top)
  
  
•  RES 1: 1.2359 (Jun 15^th high)

      PRICE:  1.23769@ 11:26 GMT 

• SUP 1 : 1.2350 ( 55 day H EMA)
  
  
• SUP 2: 1.2298 (200 day HMA)
  
  
• SUP 3: 1.2239 (61.8 % retracement of 1.21267 and 1.24220)
  
  
•  SUP 4:1.2200

USD/CAD has broken trend line resistance 1.2385 and confirms short term bullishness, a decline till 1.2350 cannot be ruled out .

Break below 1.2350 will drag the pair further down till 1.2315/1.2270.

The short term resistance is around 1.2420 and break will extend gains till 1.248/1.2500.

It is good to buy at dips around 1.2380 with SL around 1.2345 for the TP of 1.2500/1.2540