Home USD/CAD Technical Analysis: Greenback finds resistance at 1.3260 level set to end the week without fireworks
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USD/CAD Technical Analysis: Greenback finds resistance at 1.3260 level set to end the week without fireworks

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).

USD/CAD 4-hour chart

  • USD/CAD found support at 1.3200 but bulls found solid resistance at the 1.3260 resistance.
  • The RSI is above the 50 line, MACD is turning bullish and Stochastic is below the 50 line rebounding from oversold condition.  

USD/CAD 30-minute chart

  • USD/CAD is fading the spike to 1.3260 resistance.  
  • Technical indicators are slightly decelerating suggesting that further gains might be limited this Friday.  

Additional key levels

USD/CAD

Overview:
       Last Price:  1.3242
       Daily change:  58  pips
       Daily change:  0.440%
       Daily Open:  1.3184
Trends:
       Daily SMA20:  1.3169
       Daily SMA50:  1.3058
       Daily SMA100:  1.3071
       Daily SMA200:  1.2979
Levels:
       Daily High:  1.325
       Daily Low:  1.3181
       Weekly High:  1.3264
       Weekly Low:  1.3127
       Monthly High:  1.3172
       Monthly Low:  1.2783
       Daily Fibonacci 38.2%:  1.3208
       Daily Fibonacci 61.8%:  1.3224
       Daily Pivot Point S1:  1.316
       Daily Pivot Point S2:  1.3136
       Daily Pivot Point S3:  1.3091
       Daily Pivot Point R1:  1.3229
       Daily Pivot Point R2:  1.3275
       Daily Pivot Point R3:  1.3299

 

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