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USDCAD Technical Analysis For 07-April-2017
Home / USDCAD Technical Analysis For 07-April-2017

 
USD/CAD has crossed the trend line in 30 minutes chart. Stochastic Oscillator and RSI also show downward momentum. So USD/CAD coming back into short positions as it had taken a drop by highest volume in the chart. Right now USD/CAD is below the pivot point and resisted by moving averages of 100 and 200 periods. 
 
Resistance Levels:
 
R1 1.3433
R2 1.3473
R3 1.3496
 
 
Pivot: 1.3420
 
Support Levels:
 
S1 1.3390
S2 1.3367
S3 1.3337
      

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