USD/CAD broke below the 1.3120 support and 1.3100 figure ahead of the Trump-Juncker meeting at 17:30 GMT which can affect USD-realted pairs. The EIA crude oil stocks change at 14:30 GMT can also have an effect on CAD oil-correlated currency. USD/CAD is trading below all its main simple moving averages (50, 100 and 200 SMA) suggesting a bearish bias. The next targets to the downside are likely located near the 1.3066-1.3053 area, the July 9 low and June 5 swing high. Resistances to the upside are the 1.3100 figure and the 1.3120 resistance level. USD/CAD 15-minute chart Spot rate: 1.3091 Relative change: -0.49% High: 1.3168 Low: 1.3083 Trend: Bearish Resistance 1: 1.3100-1.3120 figure and supply/demand level Resistance 2: 1.3155 June 18 low Resistance 3: 1.3200 figure Resistance 4: 1.3271 June 29 high Resistance 5: 1.3350 figure Resistance 6: 1.3388, 2018 high Resistance 7: 1.3543 June 9, 2017 swing high Support 1: 1.3066-1.3053 July 9 low and June 5 swing high Support 2: 1.2974 May 9 high Support 3: 1.2900 figure 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 Bitcoin Price: Next target is $8,663 after the recent consolidation Yohay Elam 5 years USD/CAD broke below the 1.3120 support and 1.3100 figure ahead of the Trump-Juncker meeting at 17:30 GMT which can affect USD-realted pairs. The EIA crude oil stocks change at 14:30 GMT can also have an effect on CAD oil-correlated currency. USD/CAD is trading below all its main simple moving averages (50, 100 and 200 SMA) suggesting a bearish bias. The next targets to the downside are likely located near the 1.3066-1.3053 area, the July 9 low and June 5 swing high. Resistances to the upside are the 1.3100 figure and the 1.3120 resistance level. USD/CAD 15-minute chart Spot… 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.
