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USD/CAD Technical Analysis: Greenback stronger against the Loonie en route towards 1.3400 figure

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above the 200-day simple moving average (SMA).

USD/CAD 4-hour chart

  • USD/CAD bulls managed to hold above the 1.3300 figure and the 50 SMA. 

USD/CAD 30-minute chart

  • Bulls broke above the 1.3340 resistance and the 200 SMA. 
  • The next target to the upside is likely located near the 1.1400 figure.

Additional key levels

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