USD/CAD has been unable to break below the 1.3000 level since the start of the week. Bears are starting to lose steam as the 50-period simple moving average has crossed above the 200 SMA. If bulls are able to keep the market above 1.3000 the next scaling points to the upside are seen near 1.3053-1.3066 area and 1.3100-1.3120 zone. USD/CAD 15-minute chart Spot rate: 1.3013 Relative change: 0.07% High: 1.3041 Low: 1.2990 Trend: Bearish to neutral above 1.3000 Resistance 1: 1.3022 last week low Resistance 2: 1.3053-1.3066 area, June 5 swing high and July 9 low Resistance 3: 1.3100-1.3120 figure and supply/demand level Resistance 4: 1.3155 June 18 low Resistance 5: 1.3200 figure Resistance 6: 1.3271 June 29 high Resistance 7: 1.3350 figure Resistance 8: 1.3388, 2018 high Resistance 9: 1.3543 June 9, 2017 swing high Support 1: 1.3000 figure Support 2: 1.2974 May 9 high Support 3: 1.2900 figure Support 4: 1.2855 June 6 low 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. View All Post By FX Street FXStreet News share Read Next Ethereum Technical Analysis: ETH/USD continues to dine with the bears, another worrying pattern takes form, indicating some further selling may be near FX Street 5 years USD/CAD has been unable to break below the 1.3000 level since the start of the week. Bears are starting to lose steam as the 50-period simple moving average has crossed above the 200 SMA. If bulls are able to keep the market above 1.3000 the next scaling points to the upside are seen near 1.3053-1.3066 area and 1.3100-1.3120 zone. USD/CAD 15-minute chart Spot rate: 1.3013 Relative change: 0.07% High: 1.3041 Low:… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
