Hello guys,
We may have a potential trade in USD/CAD as it is trading just below a strong resistance level of 1.3270 and consolidates in a trading range of 1.3270 – 1.3170 as we can see in the trading chart given below.

Fundamentals:
USD: FOMC Meeting Minutes

I am expecting a dovish tone, especially after the bad NFP and Unemployment rate.

Technical Levels:

R3: 1.3309
R2: 1.3287
R1: 1.3274
Pivot Point: 1.3253
S1: 1.3231
S2: 1.3218
S3: 1.3197

Recommendation:
Good to Sell Below 1.3220
SL: 1.3245 TP: 1.3185

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