- USD/CAD is currently having a small bounce up as the market tried to break below 1.3300.
- USD/CAD is trading sideways after the currency pair met resistance at the 1.3350 June 21, 2017 swing high three days ago.
- USD/CAD is holding above the 1.3267 week’s low as the market stays contained in a trading range. On the larger picture, the main trend remains bullish.
USD/CAD 15-minute chart
Spot rate: 1.3304
Relative change: 0.05%
High: 1.3331
Low: 1.3278
Trend: Bullish above 1.3250
Resistance 1: 1.3350 June 21, 2017 swing high
Resistance 2: 1.3383, last week’s high
Resistance 3: 1.3543 June 9, 2017 swing high
Support 1: 1.3267 current week’s low
Support 2: 1.3200 figure
Support 3: 1.3155 former supply/demand level