24 Dec 2013
USD/CAD tests daily highs at 1.0635
FXstreet.com (San Francisco) - After rising 30 pips in the latest couple of hours from 1.0605, the USD/CAD tested intra-day highs at 1.0635 where the pair found resistance. The USD/CAD is now at 1.0625.
The USD/CAD is performing 0.10% positive on the day. The short term perspective remains slightly bearish according to the FXstreet.com trend index in the 15-minute chart. Indicators are mixed as CCI is bullish while Momentum is bearish and the Stochastic and MACD are neutral.
Above the 1.0635, next resistances are at 1.0650 and 1.0660. On the downside, supports are at 1.0605, 1.0580 and 1.0570.
The USD/CAD is performing 0.10% positive on the day. The short term perspective remains slightly bearish according to the FXstreet.com trend index in the 15-minute chart. Indicators are mixed as CCI is bullish while Momentum is bearish and the Stochastic and MACD are neutral.
Above the 1.0635, next resistances are at 1.0650 and 1.0660. On the downside, supports are at 1.0605, 1.0580 and 1.0570.