Home USD/CAD Technical Analysis: Greenback bulls will lift the market to 1.3360 resistance
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USD/CAD Technical Analysis: Greenback bulls will lift the market to 1.3360 resistance

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 100 and 200-period simple moving averages (SMAs).  
  • USD/CAD is having a deep pullback to the 50 SMA.  

USD/CAD 4-hour chart

  • USD/CAD broke below its main SMAs.

USD/CAD 30-minute chart

  • USD/CAD is trading below its main SMAs but 1.3280 is likely to act as strong support.  
  • Therefore 1.3360 and 1.3400 are most likely the next targets with a possible run up to the 1.3420 level.
  • A bear break below 1.3280 can lead to a drop to 1.3173.  

 

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3299
       Today Daily change:  -99  pips
       Today Daily change %:  -0.739%
       Today Daily Open:  1.3398
Trends:
       Previous Daily SMA20:  1.3533
       Previous Daily SMA50:  1.3342
       Previous Daily SMA100:  1.3177
       Previous Daily SMA200:  1.3076
Levels:
       Previous Daily High:  1.3498
       Previous Daily Low:  1.338
       Previous Weekly High:  1.3666
       Previous Weekly Low:  1.338
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Previous Daily Fibonacci 38.2%:  1.3425
       Previous Daily Fibonacci 61.8%:  1.3453
       Previous Daily Pivot Point S1:  1.3353
       Previous Daily Pivot Point S2:  1.3308
       Previous Daily Pivot Point S3:  1.3236
       Previous Daily Pivot Point R1:  1.347
       Previous Daily Pivot Point R2:  1.3542
       Previous Daily Pivot Point R3:  1.3587

 

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