USD/CAD Technical Analysis: Greenback bulls challenging 1.3200 figure at 2-month’s high

• USD/CAD is trading in a bull trend above its 200-period simple moving average (SMA).
• USD/CAD rose to the 1.3200 figure as it is challenging the September highs. A break of the level can open the gates to 1.3300 figure. 
• On the flip side, if bears take over a retest of 1.3161 (October 26 high) can be on the cards. 

USD/CAD- 4 hour chart

Main trend:                Bullish

Resistance 1:            1.3200 figure
Resistance 2:            1.3300 figure
Resistance 3:            1.3400 figure

Support 1:            1.3161 October 26 high
Support 2:            1.3108, September 7 low
Support 3:            1.3083 September 27 swing high
Support 4:            1.3053 October 15 high
Support 5:            1.3000 figure
Support 6:            1.2950-59 multi-month key level and August 7 low

Additional key levels at a glance: