USD/CAD: Bullish momentum losing steam below 1.3200 figure

• USD/CAD main bull trend is taking a breather after the strong bull move seen in the last week.
• USD/CAD has found resistance above the 1.3200 resistance and the market is seen consolidating sideways to down in the coming sessions as the RSI, MACD and Full Stochastics are bearishly configured.  
• The market is in the 1.3120-1.3155 zone and a break below 1.3120 would open the gates to further losses towards 1.3048-1.3066 area.  

USD/CAD 4-hour chart

Spot rate:                   1.3160
Relative change:        0.11%  
High:                          1.3184
Low:                           1.3108

Trend:                        Bullish  
Short-term:                Bearish below 1.3200

Resistance 1:            1.3172 August 13 swing high  
Resistance 2:            1.3200 figure  
Resistance 3:            1.3300 figure
Resistance 4:            1.3388, 2018 high

Support 1:            1.3120-1.3155 zone, supply/demand level and June 18 low
Support 2:            1.3048-1.3066 zone, August 14 low and July 9 low
Support 3:            1.3022 July 25 low