5 Dec 2013
USD/CAD trades above 1.0680
FXstreet.com (San Francisco) - The USD/CAD accelerated its bullish trend in the last hour after the US GDP better than expected data and after jumping around 30 pips in the latest couple of hours, the USD/CAD has broken above the 1.0680 to reach fresh intra-day high at 1.0690.
Currently, the USD/CAD is pricing at 1.0685, 0.07% positive on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 1-hour chart. CCI and Momentum are pointing to the south while the Stochastic and MACD are neutral.
USD/CAD levels:
Above the 1.0690, the USD/CAD would face resistances at 1.0700 and 1.0710. On the downside, supports are at 1.0650, 1.0640 and 1.0630.
Currently, the USD/CAD is pricing at 1.0685, 0.07% positive on the day. The short term perspective remains slightly bullish according to the FXstreet.com trend index in the 1-hour chart. CCI and Momentum are pointing to the south while the Stochastic and MACD are neutral.
USD/CAD levels:
Above the 1.0690, the USD/CAD would face resistances at 1.0700 and 1.0710. On the downside, supports are at 1.0650, 1.0640 and 1.0630.