USD/CAD technical analysis: Bullish advance beyond 1.3500 remains difficult to do

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD stays trapped in the 1.3400-1.3500 range while still evolving above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

USD/CAD once again found resistance at the 1.3500 resistance.

USD/CAD 30-minute chart

Sellers want a break below the 1.3470 figure while bears will try to defend the 1.3500 resistance. Support to the downside can be seen near 1.3450, 13400 and 1.3360 levels.

Additional key levels

USD/CAD

Overview
Today last price	1.3474
Today Daily Change	0.0039
Today Daily Change %	0.29
Today daily open	1.3435

Trends
Daily SMA20	1.3449
Daily SMA50	1.3398
Daily SMA100	1.3332
Daily SMA200	1.3251

Levels
Previous Daily High	1.344
Previous Daily Low	1.3357
Previous Weekly High	1.3514
Previous Weekly Low	1.34
Previous Monthly High	1.3522
Previous Monthly Low	1.3274
Daily Fibonacci 38.2%	1.3409
Daily Fibonacci 61.8%	1.3389
Daily Pivot Point S1	1.3381
Daily Pivot Point S2	1.3328
Daily Pivot Point S3	1.3298
Daily Pivot Point R1	1.3465
Daily Pivot Point R2	1.3494
Daily Pivot Point R3	1.3548

Author

Flavio Tosti

Independent Analyst

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