13 Mar 2014
USD/CAD in ranges above 1.1050
FXStreet (Córdoba) - The USD/CAD remained steady during the American session despite US dollar strength, hovering above 1.1045. The pair is trading in small range with support above 1.1050 and resistance at 1.1070.
The Canadian dollar was among the best performers during the American session. While the USD/CAD remained steady the AUD/USD and the NZD/USD retreated sharply.
USD/CAD corrects lower
During all day the USD/CAD moved with a downside bias even; started the day trading at 1.1120 an bottomed at 1.1042, the lowest price since March 7. Is about to close the day with a decline of 70 pips, weakened after being unable to consolidate above 1.1130.
The Canadian dollar was among the best performers during the American session. While the USD/CAD remained steady the AUD/USD and the NZD/USD retreated sharply.
USD/CAD corrects lower
During all day the USD/CAD moved with a downside bias even; started the day trading at 1.1120 an bottomed at 1.1042, the lowest price since March 7. Is about to close the day with a decline of 70 pips, weakened after being unable to consolidate above 1.1130.