USD/CAD Technical Analysis: Greenback drifting down below 1.3500 figure

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 found resistance at 1.3520 resistance and has been retracing towards 1.3440 support.

USD/CAD 4-hour chart

USD/CAD is trading above its main SMAs suggesting bullish momentum.
If the current correction down break 1.3440 then a drop towards 1.3400 can be on the cards.
Resistance is seen at 1.3480 and 1.3520 level.

Additional key levels

USD/CAD

Overview
Today last price	1.3448
Today Daily Change	-0.0010
Today Daily Change %	-0.07
Today daily open	1.3458

Trends
Daily SMA20	1.3379
Daily SMA50	1.334
Daily SMA100	1.335
Daily SMA200	1.3219

Levels
Previous Daily High	1.348
Previous Daily Low	1.344
Previous Weekly High	1.3522
Previous Weekly Low	1.3335
Previous Monthly High	1.3469
Previous Monthly Low	1.313
Daily Fibonacci 38.2%	1.3455
Daily Fibonacci 61.8%	1.3465
Daily Pivot Point S1	1.3439
Daily Pivot Point S2	1.3419
Daily Pivot Point S3	1.3398
Daily Pivot Point R1	1.348
Daily Pivot Point R2	1.3501
Daily Pivot Point R3	1.3521

Author

Flavio Tosti

Independent Analyst

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