USD/CAD Technical Analysis: Greenback refreshes daily highs en route to 1.3500 figure

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 bullish momentum in the medium-term.

USD/CAD 30-minute chart

• USD/CAD is trading at 6-day highs as the market is nearing 1.3500 figure. 
• The next relevant resistance is seen at 1.3520 level which is the highest point since January 2018 followed by 1.3570. 
• Support is at 1.3460 and 1.3440 level.

Additional key levels