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USD/CAD Technical Analysis: Greenback regains some poise against the Loonie as 1.3240 is the next short-term bull target

USD/CAD daily chart

  • USD/CAD is trading in a bull trend below the 200-day simple moving average (SMA).
  • USD/CAD took deep dive to the 1.3150 level.

USD/CAD 4-hour chart

  • USD/CAD found some support at the 200 SMA.
  • Technical indicators are in bearish territories.

USD/CAD 30-minute chart

  • On smaller time-frames, the 1.3160 support is holding. 
  • Bulls are targeting the 1.3240 level.

Additional key levels 

USD/CAD

Overview:
    Today Last Price: 1.3188
    Today Daily change: -99 pips
    Today Daily change %: -0.745%
    Today Daily Open: 1.3287
Trends:
    Previous Daily SMA20: 1.3215
    Previous Daily SMA50: 1.3095
    Previous Daily SMA100: 1.3079
    Previous Daily SMA200: 1.3001
Levels:
    Previous Daily High: 1.3334
    Previous Daily Low: 1.3272
    Previous Weekly High: 1.336
    Previous Weekly Low: 1.3187
    Previous Monthly High: 1.336
    Previous Monthly Low: 1.3048
    Previous Daily Fibonacci 38.2%: 1.331
    Previous Daily Fibonacci 61.8%: 1.3296
    Previous Daily Pivot Point S1: 1.3262
    Previous Daily Pivot Point S2: 1.3237
    Previous Daily Pivot Point S3: 1.3201
    Previous Daily Pivot Point R1: 1.3323
    Previous Daily Pivot Point R2: 1.3359
    Previous Daily Pivot Point R3: 1.3384

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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