The USD/CAD hourly chart shows a bearish price-relative strength index (RSI) divergence, adds credence to signs of bullish exhaustion, as represented by Thursday’s doji candle, and oversold conditions as indicated by the daily RSI. The pair could fall back to 100-hour moving average (MA) support, currently located at 1.3265. Hourly chart Spot Rate: 1.3307 Daily High: 1.3322 Daily Low: 1.3300 Trend: Bearish, overbought conditions Resistance R1: 1.3335 (previous day’s high) R2: 1.3385 (76.4% Fib R of April 2017 high – September 2017 low) R3: 1.35 (psychological hurdle) Support S1: 1.3265 (100-hour moving average) S2: 1.32 (psychological support) S3: 1.3163 (ascending 10-day moving average) 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 China slaps anti-dumping tariffs on styrene from South Korea, Taiwan and US – Reuters FX Street 4 years The USD/CAD hourly chart shows a bearish price-relative strength index (RSI) divergence, adds credence to signs of bullish exhaustion, as represented by Thursday's doji candle, and oversold conditions as indicated by the daily RSI. The pair could fall back to 100-hour moving average (MA) support, currently located at 1.3265. Hourly chart Spot Rate: 1.3307 Daily High: 1.3322 Daily Low: 1.3300 Trend: Bearish, overbought conditions Resistance R1: 1.3335 (previous day's high) R2: 1.3385 (76.4% Fib R of April 2017 high - September 2017 low) R3: 1.35 (psychological hurdle) Support S1: 1.3265 (100-hour moving average) S2: 1.32 (psychological support) S3: 1.3163 (ascending… Top 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.
