USD/CAD Technical Analysis: USD/CAD breaking below 1.3200 level

• USD/CAD is trading below the 1.3200 figure as the market has broken to the downside from the trading range of the last weeks.
• USD/CAD strong bear momentum can lead the currency pair towards the 1.3155 June 18 low and 1.3100 figure.  

USD/CAD 15-minute chart

Spot rate:                   1.3188

Relative change:        -0.46%
 
High:                          1.3271
Low:                           1.3181

Trend:                          Bearish

Resistance 1:            1.3200 figure  
Resistance 2:            1.3271 current Friday’s high
Resistance 3:            1.3350 figure
Resistance 4:            1.3388, 2018 high
Resistance 5:            1.3543 June 9, 2017 swing high

Support 1:                 1.3155 June 18 low
Support 2:                 1.3100 figure
Support 3:                 1.3053 breakout point