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

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

 

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