USD/CAD Technical Analysis: Greenback battling with the 1.3300 handle near the November highs

USD/CAD is about to roll into the Asian session near the 1.3300 figure.
The level to beat for bulls is the 1.3341/1.3354 resistance zone.

Flavio Tosti Independent Analyst

USD/CAD daily chart

The loonie on the daily chart is trading near the November highs while above the main daily simple moving averages (DMAs). The market is likely to keep appreciating from here.

USD/CAD four-hour chart

USD/CAD is evolving above the main SMAs, suggesting bullish momentum in the medium term. A break above 1.3341/1.3354 resistance zone can see the market accelerates towards 1.3437 in the medium term, according to the Technical Confluences Indicator.

USD/CAD 30-minute chart

USD/CAD is trading above its main SMAs, suggesting a bullish bias in the near term. Support is seen at the 1.3271 and 1.3230 price levels, according to the Technical Confluences Indicator.

Additional key levels

USD/CAD

Overview
Today last price	1.3303
Today Daily Change	0.0011
Today Daily Change %	0.08
Today daily open	1.3292

Trends
Daily SMA20	1.3203
Daily SMA50	1.3216
Daily SMA100	1.321
Daily SMA200	1.3277

Levels
Previous Daily High	1.33
Previous Daily Low	1.3254
Previous Weekly High	1.3328
Previous Weekly Low	1.3156
Previous Monthly High	1.3349
Previous Monthly Low	1.3042
Daily Fibonacci 38.2%	1.3283
Daily Fibonacci 61.8%	1.3272
Daily Pivot Point S1	1.3264
Daily Pivot Point S2	1.3237
Daily Pivot Point S3	1.3219
Daily Pivot Point R1	1.331
Daily Pivot Point R2	1.3328
Daily Pivot Point R3	1.3355

Author

Flavio Tosti

Independent Analyst

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