USD/CAD technical analysis: Greenback bears challenging last week low near 1.3150
|- USD/CAD is consolidating last week losses.
- Bears need a breakout below last week low at 1.3150 support.
USD/CAD daily chart
USD/CAD is trading below the 1.3200 figure and the main daily simple moving averages (DSMAs).
USD/CAD 4-hour chart
USD/CAD remains under pressure below the main SMAs. Sellers want to break below 1.3150 (last week low) to reach 1.3120 and 1.3084 swing lows.
USD/CAD 30-minute chart
The market is testing last week low. Resistances are seen at 1.3200, 1.3232, 1.3310 and 1.3345, according to the Technical Confluences Indicator.
Additional key levels
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