USD/CAD technical analysis: Market falls back below 1.3500 figure (again)

Flavio Tosti Independent Analyst

USD/CAD daily chart

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

USD/CAD 4-hour chart

USD/CAD rejected the 1.3500 figure and is now trading below the 1.3470 resistance

USD/CAD 30-minute chart

Sellers made quite a statement as the momentum switched back to bearish. Support to the downside is seen at 1.3440 and 1.3400 figure. Resistance is at 1.3470 and 1.3500 figure.

Additional key levels

USD/CAD

Overview
Today last price	1.3459
Today Daily Change	-0.0003
Today Daily Change %	-0.02
Today daily open	1.3462

Trends
Daily SMA20	1.3446
Daily SMA50	1.3392
Daily SMA100	1.334
Daily SMA200	1.3245

Levels
Previous Daily High	1.3472
Previous Daily Low	1.34
Previous Weekly High	1.3506
Previous Weekly Low	1.338
Previous Monthly High	1.3522
Previous Monthly Low	1.3274
Daily Fibonacci 38.2%	1.3444
Daily Fibonacci 61.8%	1.3428
Daily Pivot Point S1	1.3417
Daily Pivot Point S2	1.3373
Daily Pivot Point S3	1.3346
Daily Pivot Point R1	1.3489
Daily Pivot Point R2	1.3516
Daily Pivot Point R3	1.356

Author

Flavio Tosti

Independent Analyst

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