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USD/CAD Technical Analysis: Greenback reaches new 5-month's high against the Canadian Dollar en route to 1.3400 figure

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 50, 100 and 200-period simple moving averages (SMAs). 
  • USD/CAD bulls want to test the 1.3400 figure.
  • Technical indicators are in positive territories.

USD/CAD 4-hour chart

  • USD/CAD bulls next objective is to break above 1.3219 on a daily closing basis to reach 1.3400 figure in the next sessions.
  • Failure to hold the market above 1.3300 can lead to a pullback down to 1.3250 support.

USD/CAD 30-minute chart

  • USD/CAD is continuing to move up for the fourth day in a row as it is trading above its SMAs.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.334
    Today Daily change: 46 pips
    Today Daily change %: 0.346%
    Today Daily Open: 1.3294
Trends:
    Previous Daily SMA20: 1.3191
    Previous Daily SMA50: 1.3073
    Previous Daily SMA100: 1.3075
    Previous Daily SMA200: 1.299
Levels:
    Previous Daily High: 1.333
    Previous Daily Low: 1.3234
    Previous Weekly High: 1.332
    Previous Weekly Low: 1.3142
    Previous Monthly High: 1.3172
    Previous Monthly Low: 1.2783
    Previous Daily Fibonacci 38.2%: 1.3293
    Previous Daily Fibonacci 61.8%: 1.327
    Previous Daily Pivot Point S1: 1.3242
    Previous Daily Pivot Point S2: 1.319
    Previous Daily Pivot Point S3: 1.3146
    Previous Daily Pivot Point R1: 1.3338
    Previous Daily Pivot Point R2: 1.3382
    Previous Daily Pivot Point R3: 1.3434

 

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