USDCAD is trading stronger, market eyes Canada GDP data

• RES 4: 1.3024
  
• RES 3:   1.2854 (100% projection of 1.23901 to 1.2835 from 1.24089)
  
• RES 2: 1.2835
  
• RES 1: 1.27513

   PRICE:  1.2753@ 10:45 GMT

• SUP 1: 1.2680 (Kijun-Sen)
  
• SUP 2: 1.2600
  
• SUP 3:1.2570 (200 day HMA)
  
•  SUP 4: 1.2550

USD/CAD is trading around 1.2750 and major resistance is around 1.2835 break above would extend gains till 1.2860/1.3000 in short term.


On the downside major support is around 1.25700 and any trend reversal can happen only below that level.It is good to buy at dips around 1.26700 for the target 1.2860/1.3000.

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