- Trapped in a narrowing price range, the USD/CAD pair is currently trading at 1.3370 on the hourly chart.
- A convincing break above 1.3410 would confirm a bullish breakout and signal a continuation of the rally from the recent low of 1.3160. On the way higher, the pair may face resistance at 1.3445 Dec.6 high).
- A move below 1.3350 would imply triangle breakdown or bearish reversal and open up downside toward the ascending 50-day moving average (MA), currently at 1.3175.
Hourly Chart
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Trend: neutral
USD/CAD
Overview:
Today Last Price: 1.3369
Today Daily change: 17 pips
Today Daily change %: 0.127%
Today Daily Open: 1.3352
Trends:
Previous Daily SMA20: 1.3286
Previous Daily SMA50: 1.3169
Previous Daily SMA100: 1.3095
Previous Daily SMA200: 1.3026
Levels:
Previous Daily High: 1.3384
Previous Daily Low: 1.3338
Previous Weekly High: 1.3445
Previous Weekly Low: 1.316
Previous Monthly High: 1.336
Previous Monthly Low: 1.3048
Previous Daily Fibonacci 38.2%: 1.3356
Previous Daily Fibonacci 61.8%: 1.3367
Previous Daily Pivot Point S1: 1.3332
Previous Daily Pivot Point S2: 1.3312
Previous Daily Pivot Point S3: 1.3286
Previous Daily Pivot Point R1: 1.3378
Previous Daily Pivot Point R2: 1.3404
Previous Daily Pivot Point R3: 1.3424
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