USD/CAD Technical Analysis: Greenback regaining some poise against CAD

USD/CAD daily chart

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


USD/CAD 4-hour chart

  • USD/CAD is finding some support near the 1.3280 level.


USD/CAD 30-minute chart

  • USD/CAD is trading above 1.3310 and its 50 SMAs suggesting bullish momentum in the short-term.
  • The level to beat for bulls is 1.3330 after which 1.3360 can be the next resistance in line.
  • Support can be expected at 1.3310 and 1.3280 figure.

 

Additional key levels

 

 

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