USD/CAD technical analysis: Dips and rebounds near 1.3400 figure

USD/CAD daily chart

USD/CAD is trapped in the 1.3400-1.3500 range while it is trading above its main simple moving averages (SMAs).

USD/CAD 4-hour chart

USD/CAD is currently finding some footing near the 1.3400 figure and the 200 SMA.

 
USD/CAD 30-minute chart

Sellers want a break below the 1.3400 figure while bulls are attempting to bring back the quote to 1.3450, 1.3470 and 1.3500 levels.

Additional key levels