USD/CAD Technical Analysis: Dollar bulls eyeing 1.3460 key resistance

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above its main simple moving averages (SMAs).


USD/CAD 4-hour chart

  • USD/CAD is trading above its main SMAs suggesting a bullish bias in the medium-term.


USD/CAD 30-minute chart

  • USD/CAD is trading above its main SMAs suggesting bullish momentum in the short-term.
  • A break above 1.3440 can lead to 1.3460 key resistance.
  • Support is at 1.3370 and 1.3300 figure.

Additional key levels

 

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