5 Jan 2015
USD/CAD remains below 1.1800
FXStreet (San Francisco) - The USD/CAD is trading sideways below 1.1800 as the trading session is entering in a quiet phase in the American afternoon.
Currently, USD/CAD is trading at 1.1780, up 0.17% on the day, having posted a daily high at 1.1845 and low at 1.1761. USD/CAD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
USD/CAD levels
If the pair decides to break above 1.1800, it will find resistances at 1.1810 and 1.1840. To the downside, supports are at 1.1760, 1.1700 and 1.1660.
Currently, USD/CAD is trading at 1.1780, up 0.17% on the day, having posted a daily high at 1.1845 and low at 1.1761. USD/CAD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
USD/CAD levels
If the pair decides to break above 1.1800, it will find resistances at 1.1810 and 1.1840. To the downside, supports are at 1.1760, 1.1700 and 1.1660.