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USD/CAD technical analysis: Bullish advance beyond 1.3500 remains difficult to do

USD/CAD daily chart

USD/CAD stays trapped in the 1.3400-1.3500 range while still evolving above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

USD/CAD once again found resistance at the 1.3500 resistance.

 
USD/CAD 30-minute chart

Sellers want a break below the 1.3470 figure while bears will try to defend the 1.3500 resistance. Support to the downside can be seen near 1.3450, 13400 and 1.3360 levels.  


 

 

Additional key levels

 

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