USD/CAD Technical Analysis: Loonie lost in a triangle - 1.3400 key resistance in play

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).
The Loonie formed a triangle pattern.

USD/CAD 4-hour chart

USD/CAD is finding some resistance below 1.3360 and the 50 SMA.

USD/CAD 30-minute chart

In the very short-term USD/CAD is seen declining towards 1.3330/10 where the market can potentially find buying interest.
The 1.3360 and 1.3400 level remain in play for bulls in the coming sessions.

Additional key levels

USD/CAD

Overview
Today last price	1.3346
Today Daily Change	-0.0006
Today Daily Change %	-0.04
Today daily open	1.3352

Trends
Daily SMA20	1.336
Daily SMA50	1.3312
Daily SMA100	1.334
Daily SMA200	1.3208

Levels
Previous Daily High	1.3404
Previous Daily Low	1.3346
Previous Weekly High	1.3398
Previous Weekly Low	1.3284
Previous Monthly High	1.3469
Previous Monthly Low	1.313
Daily Fibonacci 38.2%	1.3368
Daily Fibonacci 61.8%	1.3382
Daily Pivot Point S1	1.3331
Daily Pivot Point S2	1.331
Daily Pivot Point S3	1.3274
Daily Pivot Point R1	1.3388
Daily Pivot Point R2	1.3424
Daily Pivot Point R3	1.3445

Author

Flavio Tosti

Independent Analyst

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