USD/CAD Technical Analysis: Greenback bulls knocking at the 1.3520 resistance

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).
USD/CAD is currently trading inside Wednesday’s range unable to move beyond the 1.3500 figure for now.

USD/CAD 4-hour chart

1.3520 become the level to beat for bulls. A break above the resistance can lead to an extension of the bull move to 1.3570 resistance.
Alternatively, a correction down can see 1.3470 and 1.3400 figure put to the test.

Additional key levels

USD/CAD

Overview
Today last price	1.3493

Today daily open	1.3493

Trends
Daily SMA20	1.3364
Daily SMA50	1.3328
Daily SMA100	1.3347
Daily SMA200	1.3215

Levels
Previous Daily High	1.3522
Previous Daily Low	1.3417
Previous Weekly High	1.3404
Previous Weekly Low	1.3274
Previous Monthly High	1.3469
Previous Monthly Low	1.313
Daily Fibonacci 38.2%	1.3482
Daily Fibonacci 61.8%	1.3457
Daily Pivot Point S1	1.3433
Daily Pivot Point S2	1.3373
Daily Pivot Point S3	1.3328
Daily Pivot Point R1	1.3538
Daily Pivot Point R2	1.3582
Daily Pivot Point R3	1.3643

Author

Flavio Tosti

Independent Analyst

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