USD/CAD is back to the 1.3155 support after bulls tried to break above the 1.3200 figure. USD/CAD bullish momentum is slowing down as the price is now below its 50, 100 and 200-period simple moving averages which are all trading flat. It appears unlikely that USD/CAD is ripe for a bull breakout in this context as the market might try to reintegrate the 1.3120-1.3155 range once more time. A bear breakout below 1.3155 might lead to a retest of the 1.3120 demand level. USD/CAD 15-minute chart Spot rate: 1.3164 Relative change: 0.07% High: 1.3211 Low: 1.3150 Trend: Neutral Resistance 1: 1.3200 figure Resistance 2: 1.3271 June 29 high Resistance 3: 1.3350 figure Resistance 4: 1.3388, 2018 high Resistance 5: 1.3543 June 9, 2017 swing high6 Support 1: 1.3155 June 18 low Support 2: 1.3120 demand level Support 3: 1.3066-1.3053 weekly low and June 5, swing high Support 4: 1.2974 May 9 high Support 5: 1.2900 figure 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 US: Justice Department indicts 12 Russian spies for conspiring to interfere with 2016 election FX Street 5 years USD/CAD is back to the 1.3155 support after bulls tried to break above the 1.3200 figure. USD/CAD bullish momentum is slowing down as the price is now below its 50, 100 and 200-period simple moving averages which are all trading flat. It appears unlikely that USD/CAD is ripe for a bull breakout in this context as the market might try to reintegrate the 1.3120-1.3155 range once more time. A bear breakout below 1.3155 might lead to a retest of the 1.3120 demand level. USD/CAD 15-minute chart Spot rate: … Regulated 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.
