USD/CAD is reversing most of its intraday gains as 1.3270 resistance halted the bullish advance. The levels to beat for bears are the 1.3200 support followed by the 1.3170 and 1.3140 support levels. USD/CAD daily chart USD/CAD is holding above the 1.3200 level and the 50-day simple moving averages (DSMA) suggesting a correction up. USD/CAD 4-hour chart USD/CAD is trading above its main SMAs, suggesting a bullish bias in the medium term. This Friday, bulls had a hard time to overcome the 1.3270 resistance. The market is now consolidating below 1.3230 resistance. A break above 1.3270 is needed if bulls intend to reach 1.3300, 1.3320 and 1.3345 on the way up, according to the Technical Confluences Indicator. USD/CAD 30-minute chart USD/CAD is reversing most of its daily gains as the market is now trading below the 1.3230 resistance. A break below 1.3200 would be seen as reasonably bearish in the near term as it could open the doors to further losses towards the 1.3170 and 1.3140 levels, according to the Technical Confluences Indicator. Additional key levels 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 EUR/USD extends rebound from multi-year lows, stabilizes above 1.11 FX Street 4 years USD/CAD is reversing most of its intraday gains as 1.3270 resistance halted the bullish advance. The levels to beat for bears are the 1.3200 support followed by the 1.3170 and 1.3140 support levels. USD/CAD daily chart USD/CAD is holding above the 1.3200 level and the 50-day simple moving averages (DSMA) suggesting a correction up. USD/CAD 4-hour chart USD/CAD is trading above its main SMAs, suggesting a bullish bias in the medium term. This Friday, bulls had a hard time to overcome the 1.3270 resistance. The market is now consolidating below 1.3230 resistance. A break… 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.
