USD/CAD Technical Analysis: Sticking to the 1.3120-1.3155 range

• USD/CAD is slowly drifting lower as it is trading below its 200-period simple moving average.  
• However, USD/CAD is back into the 1.3120-1.3155 trading range and the currency pair is set to stay contained in the range unless there is a strong breakout below or above 1.3120 or 1.3155.  

USD/CAD 15-minute chart  

Spot rate:                   1.3128
Relative change:         -0.21%  
High:                          1.3166
Low:                           1.3107

Trend:                         Neutral
 
Resistance 1:            1.3155 June 18 low    
Resistance 2:            1.3200 figure  
Resistance 3:            1.3271 June 29 high
Resistance 4:            1.3350 figure
Resistance 5:            1.3388, 2018 high
Resistance 6:            1.3543 June 9, 2017 swing high6

Support 1:                 1.3120 demand level
Support 2:                 1.3066-1.3053 last week’s low and June 5, swing high
Support 3:                 1.2974 May 9 high
Support 4:                 1.2900 figure