USD/CAD Technical Analysis: Greenback set to decline against CAD

FX Street

Published date: 11 Apr. 2019 | 22:47

USD/CAD daily chart

USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).

USD/CAD 4-hour chart

USD/CAD is facing resistance at the 1.3440 level.

USD/CAD 30-minute chart

The triangle pattern should send USD/CAD down towards 1.3360, 1.3330 and 1.3310 support.
The bearish scenario would be invalidated on a bull break above 1.3440. The next main resistance is at 1.3470 level.

Additional key levels

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