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  • USD/CAD is testing the MA 200 H1 resistance
Technical Analysis
31.07.2020, 06:06

USD/CAD is testing the MA 200 H1 resistance

Yesterday the USD/CAD was trading higher and closed the day in positive territory around the C$1.3415 price. Today it was trading in a narrow range of $1.3405-35, staying close to yesterday's closing price. On the hourly chart, USD/CAD is testing the resistance - the MA (200) H1 moving average line (С$1.3400). On the four-hour chart, the pair remains below the MA 200 H4 line. 

  • Resistances levels are at: С$1.3455, С$1.3480, С$1.3515

  • Support levels are at: C$1.3395, C$1.3335, C$1.3250

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