FxWirePro
Long

Loonie breaks major resistance 1.3380, targets 1.3450

FX:USDCAD   U.S. Dollar/Canadian Dollar
219 1 4
Major trend reversal level- 1.3380

USD/CAD             has broken major trend reversal level 1.3380 and break above confirms major bullishness, a jump till 1.3450/1.3500 is possible .

Short term trend reversal can happen only below 1.3320 and break below targets 1.3290/1.3240.

Overall bullish invalidation only below 1.3240.The pair’s minor support is around 1.3340.

It is good to buy at dips around 1.3380-85 with SL around 1.3340 for the TP of 1.3450/1.3495.
jhakas
a year ago
oil going for 37.7 and below... so loonie on way to make new high... above 1.35
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