USD/CAD technical analysis: Greenback stabilizing above 1.3280 support

  • USD/CAD is finding some support near 1.3280. 
  • Bears need a break below 1.3250. 

USD/CAD daily chart

The market is testing 1.3280 support near the 200 simple moving average (DSMA).

USD/CAD 4-hour chart

USD/CAD remains under bearish pressure below its main SMAs. 

USD/CAD 30-minute chart

The currency pair is trading above 1.3280 support and its main SMAs. A break above 1.3305 can lead to 1.3330 and 1.3360. Bears need to have a daily close below 1.3250 to have a drop towards 1.3180. 

Additional key levels


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