Home USD/CAD Technical Analysis: Loonie lost in a triangle – 1.3400 key resistance in play

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USD/CAD Technical Analysis: Loonie lost in a triangle – 1.3400 key resistance in play

FX Street

Published date: 17 Apr. 2019 | 19:42

USD/CAD daily chart

USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).
The Loonie formed a triangle pattern.

USD/CAD 4-hour chart

USD/CAD is finding some resistance below 1.3360 and the 50 SMA.

USD/CAD 30-minute chart

In the very short-term USD/CAD is seen declining towards 1.3330/10 where the market can potentially find buying interest.
The 1.3360 and 1.3400 level remain in play for bulls in the coming sessions.

Additional key levels

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