Home USD/CAD Technical Analysis: Dollar bulls eyeing 1.3460 key resistance
FXStreet News

USD/CAD Technical Analysis: Dollar bulls eyeing 1.3460 key resistance

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).


USD/CAD 4-hour chart

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


USD/CAD 30-minute chart

  • USD/CAD is trading above its main SMAs suggesting bullish momentum in the short-term.
  • A break above 1.3440 can lead to 1.3460 key resistance.
  • Support is at 1.3370 and 1.3300 figure.

Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.