Home USD/CAD Technical Analysis: How high can the Greenback fly against the Loonie?
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USD/CAD Technical Analysis: How high can the Greenback fly against the Loonie?

USD/CAD daily chart

  • USD/CAD is ending Tuesday virtually unchanged below 1.3250 brick wall.  
  • USD/CAD is attempting to break meaningfully above the September high.  

USD/CAD 4-hour chart

  • USD/CAD is evolving in a small rising wedge just below 1.3250 in what appears to be a crowded trade to the upside.  
  • The Stochastic indicator is decelerating.  

USD/CAD 30-minute chart

  • Bulls objective is to break above 1.3250. It is most likely that any attempts above the level would soon fail.  
  • Bears will try to reach 1.3200 and 1.3140 to the downside.  

 

Additional key levels at a glance:

USD/CAD

Overview:
       Last Price:  1.3238
       Daily change:  -5.0  pips
       Daily change:  -0.0378%
       Daily Open:  1.3243
Trends:
       Daily SMA20:  1.3106
       Daily SMA50:  1.3041
       Daily SMA100:  1.3071
       Daily SMA200:  1.2951
Levels:
       Daily High:  1.3245
       Daily Low:  1.3182
       Weekly High:  1.3233
       Weekly Low:  1.3056
       Monthly High:  1.3172
       Monthly Low:  1.2783
       Daily Fibonacci 38.2%:  1.3221
       Daily Fibonacci 61.8%:  1.3206
       Daily Pivot Point S1:  1.3202
       Daily Pivot Point S2:  1.3161
       Daily Pivot Point S3:  1.314
       Daily Pivot Point R1:  1.3264
       Daily Pivot Point R2:  1.3285
       Daily Pivot Point R3:  1.3326

 

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