10 Jun 2013
USD/CAD struggles around 1.0200
FXstreet.com (Córdoba) - The USD/CAD slid back below the 1.0200 mark as the greenback continues to oscillate during the New York session.
USD/CAD failed to consolidate above the 1.0215/20 zone and pulled back, dropping to a fresh low for the day at 1.0167. USD/CAD is currently trading at the 1.0195 area, where it records a 0.2% loss on the day.
As for technical levels, immediate resistances are seen at 1.0225 (daily highs) and 1.0285/90 (Jun 7 high/100-hour SMA), while supports could be faced at 1.0170 (100-day SMA) and 1.0150 (May 16 low).
USD/CAD failed to consolidate above the 1.0215/20 zone and pulled back, dropping to a fresh low for the day at 1.0167. USD/CAD is currently trading at the 1.0195 area, where it records a 0.2% loss on the day.
As for technical levels, immediate resistances are seen at 1.0225 (daily highs) and 1.0285/90 (Jun 7 high/100-hour SMA), while supports could be faced at 1.0170 (100-day SMA) and 1.0150 (May 16 low).