Home USD/CAD Technical Analysis: Greenback declining towards 1.3300 figure against CAD

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USD/CAD Technical Analysis: Greenback declining towards 1.3300 figure against CAD

FX Street

Published date: 1 Apr. 2019 | 19:22

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 between the 100 and 200 SMAs suggesting a consolidation in the medium-term.

USD/CAD 30-minute chart

USD/CAD is trading below its main SMAs suggesting bearish momentum in the short-term.
Bears are currently in the driver’s seat. The next supports to the downside are seen near 1.3310 and 1.3280 level.
Key resistance is at 1.3360 and 1.3400 figure.

Additional key levels

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