USD/CAD is trading in a bull trend above the 200-period simple moving average. USD/CAD found strong resistance at the 1.3150 resistance as the market is reversing sharply. Bears are likely to drive the market at least to 1.3053 October 15 high and to 1.3000 if the bears gather enough traction. USD/CAD 4-hour chart Spot rate: 1.3078 Relative change: 0.05% High: 1.3160 Low: 1.3069 Main trend: Neutral Resistance 1: 1.3083 September 27 swing high Resistance 2: 1.3108, September 7 low Resistance 3: 1.3150 figure Support 1: 1.3053 October 15 high Support 2: 1.3000 figure Support 3: 1.2950-59 multi-month key level and August 7 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 CAD: Bank of Canada hikes, loonie depreciates – ING FX Street 4 years USD/CAD is trading in a bull trend above the 200-period simple moving average. USD/CAD found strong resistance at the 1.3150 resistance as the market is reversing sharply. Bears are likely to drive the market at least to 1.3053 October 15 high and to 1.3000 if the bears gather enough traction. USD/CAD 4-hour chart Spot rate: 1.3078 Relative change: 0.05% High: 1.3160 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.
