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USD/CAD Technical Analysis: Greenback under pressure below 1.3520 resistance

USD/CAD daily chart

 

  • USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).
  • USD/CAD found resistance at 1.3520 resistance.

USD/CAD 4-hour chart

 

  • As the US Dollar is on the back foot a correction down can extend to 1.3440 and 1.3400 figure.
  • Resistance is seen at 1.3470 and 1.3520 level.

 

Additional key levels

 

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