USD/CAD jumps to 1.0320

FXstreet.com (San Francisco) - The US dollar is currently trading higher across the market and against its Canadian counterpart, it has jumped around 30 pips in matter of minutes from 1.0295 to put the USD/CAD at intra-day highs around 1.0325.

Currently, the USD/CAD is trading around 1.0315, 0.28% above the opening price action. The short term perspective is slightly bullish according to the FXstreet.com trend index. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.

Above the 1.0320, next resistances are at 1.0340 and 1.0350. On the downside, supports are at 1.0275, 1.0260 and 1.0240.