USD/CAD technical analysis: Greenback gaining some traction above 1.3300

  • USD/CAD is trading above 1.3300 support.
  • The level to beat for bulls is 1.3360. 

USD/CAD daily chart

The market is trading in a bull trend above its 200-day simple moving average (DSMA).

USD/CAD 4-hour chart

USD/CAD trades below its main SMAs. 

USD/CAD 30-minute chart

The currency pair is trading above 1.3300 support and its main SMAs. A break above 1.3360 can lead to 1.3400 and 1.3430. Support is at 1.3300 and 1.3280. 


Additional key levels

 

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