USD/CAD Technical Analysis: The 1.3300 bear target is still in play

Flavio Tosti Independent Analyst

USD/CAD daily chart

USD/CAD is trading in a bull trend above the 50, 100 and 200-day simple moving averages (SMAs).

USD/CAD 4-hour chart

1.3400 figure is the level to beat for bulls.

USD/CAD 30-minute chart

USD/CAD is finding resistance at the 1.3400 figure. Any rally above it seems, at this stage, unsustainable.
The next target is likely going to be the 1.3300 figure to the downside.

Additional key levels

USD/CAD

Overview:
    Today Last Price: 1.3386
    Today Daily change: 34 pips
    Today Daily change %: 0.255%
    Today Daily Open: 1.3352
Trends:
    Previous Daily SMA20: 1.3286
    Previous Daily SMA50: 1.3169
    Previous Daily SMA100: 1.3095
    Previous Daily SMA200: 1.3026
Levels:
    Previous Daily High: 1.3384
    Previous Daily Low: 1.3338
    Previous Weekly High: 1.3445
    Previous Weekly Low: 1.316
    Previous Monthly High: 1.336
    Previous Monthly Low: 1.3048
    Previous Daily Fibonacci 38.2%: 1.3356
    Previous Daily Fibonacci 61.8%: 1.3367
    Previous Daily Pivot Point S1: 1.3332
    Previous Daily Pivot Point S2: 1.3312
    Previous Daily Pivot Point S3: 1.3286
    Previous Daily Pivot Point R1: 1.3378
    Previous Daily Pivot Point R2: 1.3404
    Previous Daily Pivot Point R3: 1.3424

Author

Flavio Tosti

Independent Analyst

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