USD/CAD Technical Analysis: Greenback bulls need a break above 1.3000 figure

• USD/CAD is trading sideways as it is between the 50 and 100-period simple moving averages. 
• The 1.3000 level and the 200 SMA are acting as strong resistance as the market seems contained below it for the time being.
• Bulls are slowly coming back but they will need a convincing break above 1.3000 level in order to reach 1.3048 (August 14 low).   

USD/CAD 4-hour chart 

Spot rate:                   1.2988
Relative change:        0.43% 
High:                          1.2995
Low:                           1.2932

Main trend:                Neutral 

Resistance 1:            1.3000 figure
Resistance 2:            1.3048 August 14 low
Resistance 3:            1.3083 September 27 swing high
Resistance 4:            1.3108, September 7 low
Resistance 5:            1.3200 figure

Support 1:                 1.2950-59 multi-month key level and August 7 low
Support 2:                 1.2924 October 10 low
Support 3:                 1.2882-1.2900 zone September 20 low and figure
Support 4:                 1.2855-65 June 6 low - 200-day SMA
Support 5:                 1.2800 figure
Support 6:                 1.2727 May 11 low