USD/CAD Technical Analysis: Greenback set to decline against CAD

USD/CAD daily chart

• USD/CAD is trading in a bull trend above its 200 simple moving average (SMA).

USD/CAD 4-hour chart

• USD/CAD is facing resistance at the 1.3440 level.

USD/CAD 30-minute chart

• The triangle pattern should send USD/CAD down towards 1.3360, 1.3330 and 1.3310 support.
• The bearish scenario would be invalidated on a bull break above 1.3440. The next main resistance is at 1.3470 level. 

Additional key levels