Home USD/CAD Technical Analysis: Greenback bulls losing the grip on the 1.3600 figure
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USD/CAD Technical Analysis: Greenback bulls losing the grip on the 1.3600 figure

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 50, 100 and 200-period simple moving average (SMAs).
  • USD/CAD is testing the May 2017 highs.

USD/CAD 4-hour chart

  • USD/CAD is pulling back to the 50 SMA.  

USD/CAD 30-minute chart

  • USD/CAD broke below the 50, 100 and 200 SMAs.  
  • A sustained break below 1.3580 can lead to a bearish continuation to the 1.3540 level.
  • The 1.3600 figure  should act as resistance in the short-term.

Additional key levels:

USD/CAD

Overview:
       Today Last Price:  1.3577
       Today Daily change:  -63  pips
       Today Daily change %:  -0.462%
       Today Daily Open:  1.364
Trends:
       Previous Daily SMA20:  1.3513
       Previous Daily SMA50:  1.3317
       Previous Daily SMA100:  1.3166
       Previous Daily SMA200:  1.3067
Levels:
       Previous Daily High:  1.3658
       Previous Daily Low:  1.3422
       Previous Weekly High:  1.4134
       Previous Weekly Low:  1.3564
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Previous Daily Fibonacci 38.2%:  1.3512
       Previous Daily Fibonacci 61.8%:  1.3568
       Previous Daily Pivot Point S1:  1.3489
       Previous Daily Pivot Point S2:  1.3337
       Previous Daily Pivot Point S3:  1.3252
       Previous Daily Pivot Point R1:  1.3725
       Previous Daily Pivot Point R2:  1.381
       Previous Daily Pivot Point R3:  1.3962

 

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