USD/CAD bull leg is challenging 1.2950-59 (multi-month resistance and August 7 low). USD/CAD is trying to regain the 50 and 200-period simple moving average while the RSI, MACD and Stochastics are constructive for more gains ahead. On a break above 1.2950-59, targets to the upside become 1.3000 figure and 1.3048 August 14 low. USD/CAD 4-hour chart Spot rate: 1.2934 Relative change: 0.09% High: 1.2956 Low: 1.2888 Main trend: Neutral Resistance 1: 1.2950-59 multi-month resistance and August 7 low Resistance 2: 1.3000 figure Resistance 3: 1.3048 August 14 low Resistance 4: 1.3108, September 7 low Resistance 5: 13200 figure Support 1: 1.2882-1.2900 September 20 low and figure Support 2: 1.2855-65 June 6 low – 200-day SMA Support 3: 1.2800 figure Support 4: 1.2727 May 11 low Support 5: 1.2600 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 Breaking News: GBP/USD spikes above 1.31 – Bloomberg says EU is ready to offer UK `super-charged’ free-trade deal FX Street 4 years USD/CAD bull leg is challenging 1.2950-59 (multi-month resistance and August 7 low). USD/CAD is trying to regain the 50 and 200-period simple moving average while the RSI, MACD and Stochastics are constructive for more gains ahead. On a break above 1.2950-59, targets to the upside become 1.3000 figure and 1.3048 August 14 low. USD/CAD 4-hour chart Spot rate: 1.2934 Relative change: 0.09% High: 1.2956 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.
