Home USD/CAD Technical Analysis: Greenback bulls eyeing the 1.3360 resistance post-Canadian Retail Sales
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USD/CAD Technical Analysis: Greenback bulls eyeing the 1.3360 resistance post-Canadian Retail Sales

USD/CAD daily chart  

  • USD/CAD is trading in a bull trend above the 100 and 200-day simple moving averages (SMAs).
  • The USD bulls are challenging the 50 SMA.  
  • Canada Retail sales declined 0.9% in November vs -0.6% expected.

USD/CAD 4-hour chart

  • USD/CAD is trading above the 50 SMA and the 1.3300 figure.
  • USD/CAD found resistance near the 100 SMA.  

USD/CAD 30-minute chart

  • USD/CAD is trading above its main SMAs suggesting bullish momentum.  
  • USD bulls are looking at the 1.3360 resistance followed by 1.3385 on a potential break of 1.3360.  
  • Support lies at 1.3320, 1.3000 and 1.3280.  

Additional key levels

USD/CAD

Overview:
       Today Last Price:  1.3333
       Today Daily change:  -22  pips
       Today Daily change %:  -0.16%
       Today Daily Open:  1.3355
Trends:
       Daily SMA20:  1.3395
       Daily SMA50:  1.3372
       Daily SMA100:  1.3208
       Daily SMA200:  1.3108
Levels:
       Previous Daily High:  1.3358
       Previous Daily Low:  1.329
       Previous Weekly High:  1.332
       Previous Weekly Low:  1.3226
       Previous Monthly High:  1.4134
       Previous Monthly Low:  1.316
       Daily Fibonacci 38.2%:  1.3333
       Daily Fibonacci 61.8%:  1.3316
       Daily Pivot Point S1:  1.3311
       Daily Pivot Point S2:  1.3267
       Daily Pivot Point S3:  1.3243
       Daily Pivot Point R1:  1.3379
       Daily Pivot Point R2:  1.3403
       Daily Pivot Point R3:  1.3447

 

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