- USD/CAD is under bearish pressure challenging weekly lows.
- Bears need a breakout below 1.3110 support.
USD/CAD daily chart
USD/CAD is broke below last week low while trading below the main daily simple moving averages (DSMAs).
USD/CAD 4-hour chart
USD/CAD is under pressure below the main SMAs. The market is testing 1.1310 support. Sellers want to reach 1.3084 swing low and 1.3055 (daily pivot point S2).
USD/CAD 30-minute chart
The market is trading below its main SMAs suggesting a bearish bias. The market is challenging the current weekly low. Resistances are seen at 1.3143 and 1.3181 (pivot point R1), according to the Technical Confluences Indicator.
Additional key levels
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