Home USD/CAD Technical Analysis: Greenback bulls riding the euphoria above 1.3250 level
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USD/CAD Technical Analysis: Greenback bulls riding the euphoria above 1.3250 level

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USD/CAD 4-hour chart

  • USD/CAD is trading in a bull trend above the 200-period simple moving average.
  • USD/CAD bulls are trying to break above 1.3250 but the market is overbought and trapped in a rising wedge.
  • Any further advances are likely to be sold into.  Initial targets for bears is the 1.3200 figure.  

 

Additional key levels at a glance:  

USD/CAD

Overview:
       Last Price:  1.325
       Daily change:  8.0  pips
       Daily change:  0.0604%
       Daily Open:  1.3242
Trends:
       Daily SMA20:  1.3121
       Daily SMA50:  1.3044
       Daily SMA100:  1.3071
       Daily SMA200:  1.2956
Levels:
       Daily High:  1.3264
       Daily Low:  1.3214
       Weekly High:  1.3233
       Weekly Low:  1.3056
       Monthly High:  1.3172
       Monthly Low:  1.2783
       Daily Fibonacci 38.2%:  1.3234
       Daily Fibonacci 61.8%:  1.3245
       Daily Pivot Point S1:  1.3216
       Daily Pivot Point S2:  1.319
       Daily Pivot Point S3:  1.3166
       Daily Pivot Point R1:  1.3266
       Daily Pivot Point R2:  1.329
       Daily Pivot Point R3:  1.3316

 

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