Home USD/CAD Technical Analysis: Greenback trades at multi-month’s lows against CAD below 1.3150 level
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USD/CAD Technical Analysis: Greenback trades at multi-month’s lows against CAD below 1.3150 level

USD/CAD daily chart

  • USD/CAD is challenging the 200-day simple moving averages (SMAs).  
  • A break below the 200 SMA could mean a bearish shift in the USD/CAD trend.

USD/CAD 4-hour chart

  • USD/CAD is trading below its main SMAs suggesting a bearish bias in the medium-term.  

USD/CAD 30-minute chart

  • A bear break below 1.3110 support can lead to a drop to 1.3030 level.
  • Meanwhile, if USD bulls can pick up steam resistance is seen at 1.3180 and 1.3200.  
  • Bulls are currently trying to regain the 50 SMA.

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3145
       Today Daily change:  -3  pips
       Today Daily change %:  -0.02%
       Today Daily Open:  1.3148
Trends:
       Daily SMA20:  1.3289
       Daily SMA50:  1.3378
       Daily SMA100:  1.3216
       Daily SMA200:  1.3126
Levels:
       Previous Daily High:  1.3284
       Previous Daily Low:  1.3118
       Previous Weekly High:  1.3378
       Previous Weekly Low:  1.3224
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Daily Fibonacci 38.2%:  1.3182
       Daily Fibonacci 61.8%:  1.3221
       Daily Pivot Point S1:  1.3083
       Daily Pivot Point S2:  1.3018
       Daily Pivot Point S3:  1.2917
       Daily Pivot Point R1:  1.3249
       Daily Pivot Point R2:  1.335
       Daily Pivot Point R3:  1.3415

 

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