Home USD/CAD technical analysis: Greenback trades near daily highs just below 1.3500 figure against CAD
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USD/CAD technical analysis: Greenback trades near daily highs just below 1.3500 figure against CAD

USD/CAD daily chart

USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

The market is trading above its main SMAs suggesting bullish momentum in the medium term.


 
USD/CAD 30-minute chart

USD/CAD is trading above its main SMAs suggesting bullish momentum in the short term.
Bulls are trying to break above 1.3500 figure to reach 1.3520 and 1.3570 resistance.  
Support is at 1.3460 and 1.3440 level.


Additional key levels

 

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