USD/CAD Technical Analysis: Greenback breaking near September highs  as the market reach 1.3150 level

• USD/CAD is trading in a bull trend above the 200-period simple moving average (SMA).  
• USD/CAD broke above the 1.3108 resistance and is now challenging 1.3150 figure. While extra gains on this Friday might be limited, bulls objective is to reach the 1.3200 figure.
• Technical indicators remain constructive however the Stochastic is overbought suggesting a potential pullback.  

USD/CAD 4-hour chart

Spot rate:                   1.3140
Relative change:         0.52%  
High:                          1.3160
Low:                           1.3069

Main trend:                Bullish

Resistance 1:            1.3150 figure
Resistance 2:            1.3200 figure
Resistance 3:            1.3300 figure

Support 1:                 1.3108, September 7 low
Support 2:                 1.3083 September 27 swing high
Support 3:                 1.3000 figure
Support 4:                 1.2950-59 multi-month key level and August 7 low