Home USD/CAD Technical Analysis: 1.3240 is a potential brick wall – Pullback down likely
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USD/CAD Technical Analysis: 1.3240 is a potential brick wall – Pullback down likely

USD/CAD daily chart  

  • USD/CAD is trading in a bull trend above the 50, 100 and 200-period simple moving averages (SMAs).  
  • The RSI and Stochastic are above 50 while the MACD is neutral.

USD/CAD 4-hour chart  

  • USD/CAD is trading above its main SMAs while technical indicators are somewhat neutral.
  • RSI is above 50, MACD is quite neutral and the Stochastic is below the 50 line.

USD/CAD 30-minute chart

  • USD/CAD is likely meeting strong resistance at the 1.3240 level and the 200 SMA.
  • A pullback down to 1.3215 and 1.1390 can be next.

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3237
       Today Daily change:  2.0  pips
       Today Daily change %:  0.0151%
       Today Daily Open:  1.3235
Trends:
       Previous Daily SMA20:  1.3176
       Previous Daily SMA50:  1.3062
       Previous Daily SMA100:  1.3072
       Previous Daily SMA200:  1.2982
Levels:
       Previous Daily High:  1.326
       Previous Daily Low:  1.3184
       Previous Weekly High:  1.332
       Previous Weekly Low:  1.3142
       Previous Monthly High:  1.3172
       Previous Monthly Low:  1.2783
       Previous Daily Fibonacci 38.2%:  1.3231
       Previous Daily Fibonacci 61.8%:  1.3213
       Previous Daily Pivot Point S1:  1.3193
       Previous Daily Pivot Point S2:  1.315
       Previous Daily Pivot Point S3:  1.3117
       Previous Daily Pivot Point R1:  1.3269
       Previous Daily Pivot Point R2:  1.3302
       Previous Daily Pivot Point R3:  1.3344

 

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