15 Jan 2014
USD/CAD extends decline to 1.0920
FXstreet.com (San Francisco) - The US Dollar is extending its decline from 1.0990 against its Canadian counterpart and after breaking down the 1.0930 support, the USD/CAD is now pricing at 1.0920.
The USD/CAD is currently performing 0.20% negative on the day with the short term perspective in slightly bearish mode according to the FXStreet trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
USD/CAD levels
The USD/CAD would face supports at 1.0910, 1.0885 and 1.0840. On the upside, resistances come at 1.0940, 1.0960 and 1.0980.
The USD/CAD is currently performing 0.20% negative on the day with the short term perspective in slightly bearish mode according to the FXStreet trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the south while the Stochastic is bullish.
USD/CAD levels
The USD/CAD would face supports at 1.0910, 1.0885 and 1.0840. On the upside, resistances come at 1.0940, 1.0960 and 1.0980.