USD/CAD Technical Analysis: USD/CAD erases daily gains and drops below 1.3200 figure

• USD/CAD is weakening below the 1.3200 figure as crude oil is gaining in value.
• USD/CAD has erased all previous daily gains.  
• USD/CAD seems willing to dive near the notorious 1.3120-1.3155 trading range of the last weeks.

USD/CAD 15-minute chart  

Spot rate:                   1.3190
Relative change:        0.00%  
High:                          1.3261
Low:                           1.3184

Trend:                         Bullish
 
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 last week’s low and June 5, swing high
Support 4:                 1.2974 May 9 high
Support 5:                 1.2900 figure