USD/CAD Technical Analysis: US Dollar comes back above 1.3300 figure against CAD

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USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving averages (SMA).

USD/CAD 4-hour chart

  • USD/CAD 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.
  • The break above 1.3370 can lead to 1.3440 resistance.
  • Supports are at 1.3370 and 1.3300 figure.

 

Additional key levels

 

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