USD/CAD is choppy at the start of the New York session, holding just above the 1.3200 handle. The level to beat for bulls is the 1.3212/30 resistance zone. USD/CAD daily chart The Loonie on the daily chart is trading just above the 1.3200 handle and the 100-day simple moving average (DMA). USD/CAD four-hour chart USD/CAD is trading above the 100 and 200 SMAs, suggesting bullish momentum in the medium term. The market is in a bull flag as buyers will try to penetrate above the 1.3212/30 resistance zone. The next main resistance on the way up is seen at the 1.3280 level, according to the Technical Confluences Indicator. USD/CAD 30-minute chart USD/CAD is trading below its main SMAs, suggesting a bearish momentum in the near term. Support is seen at 1.3195 level, followed by the 1.3170 level, 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 Fed’s Williams: Monetary policy is now well-positioned FX Street 3 years USD/CAD is choppy at the start of the New York session, holding just above the 1.3200 handle. The level to beat for bulls is the 1.3212/30 resistance zone. USD/CAD daily chart The Loonie on the daily chart is trading just above the 1.3200 handle and the 100-day simple moving average (DMA). USD/CAD four-hour chart USD/CAD is trading above the 100 and 200 SMAs, suggesting bullish momentum in the medium term. The market is in a bull flag as buyers will try to penetrate above the 1.3212/30 resistance zone. The next main resistance… 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.
