- USD/CAD is under pressure approaching the 1.3100 figure.
- Bears need a breakout below last week low at 1.3150 support.
USD/CAD daily chart
USD/CAD is breaking below last week low while below the main daily simple moving averages (DSMAs).
USD/CAD 4-hour chart
USD/CAD is under pressure below the main SMAs. Sellers want to reach 1.3084 swing low.
USD/CAD 30-minute chart
The market is trading below its main SMAs suggesting a negative bias. Resistances are seen at 1.3120 and 1.3150, according to the Technical Confluences Indicator.
Additional key levels