USD/CAD Technical Analysis: 1.3400 target hit post-US Retail Sales

USD/CAD daily chart

  • USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).
  • As discussed yesterday, USD/CAD reached the 1.3400 bull target.

USD/CAD 4-hour chart

  • USD/CAD is finding resistance at the 1.3400 figure.

USD/CAD 30-minute chart

  • In the short-term USD/CAD is capped by 1.3400 figure.
  • The 1.3360 and 1.3330 level should come into play for bears in the coming sessions.


Additional key levels

 

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