USD/CAD Technical Analysis: Greenback drop near 1.3370 against CAD

FX Street

Published date: 29 Mar. 2019 | 15:07

USD/CAD daily chart

USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

USD/CAD is trading below its 50 and 100 SMAs suggesting a consolidation in the medium-term.

USD/CAD 30-minute chart

USD/CAD is trading below its main SMAs suggesting bearish momentum in the short-term.
Bears are in control below and the next supports to the downside are seen near 1.3300 and 1.3250.
Key resistance is at 1.3440 level.

Additional key levels

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