USD/CAD Technical Analysis: Bull flag can send USD/CAD to 1.3300 figure

• USD/CAD is trying to resume the main bull trend as it is consolidating in a bull flag.
• USD/CAD bulls objective is to breakout above 1.3100 figure and the bear trendline. The RSI and MACD indicators are supportive of higher prices.
• Targets to the upside are located near 1.3200 and 1.3300 figure. 

USD/CAD 4-hour chart

Spot rate:                   1.3064
Relative change:        0.21% 
High:                          1.3079
Low:                           1.3043

Trend:                         Bullish 

Resistance 1:            1.3048-1.3066 area, August 14 low and July 9 low
Resistance 2:            1.3100 figure 
Resistance 3:            1.3120-1.3155 zone, supply/demand level and June 18 low
Resistance 4:            1.3172 August 13 swing high 

Support 1:                 1.3022 July 25 low
Support 2:                 1.3000 figure
Support 3:                 1.2984 August 29 swing low 
Support 4:                 1.2959 August 7 swing low
Support 5:                 1.2920 supply level 
Support 6:                 1.2900 figure
Support 7:                 1.2857 June 6 low
Support 8:                 1.2800 figure

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