14 Jul 2014
USD/CAD extends losses to 1.0710
FXStreet (San Francisco) - After falling 35 pips from nearly 3-week highs around 1.0740, the USD/CAD is now testing the 1.0710 where it is trading now in consolidation mode.
Currently, USD/CAD is trading at 1.0713, down 0.18% on the day, having posted a daily high at 1.0749 and low at 1.0707. 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
Below the 1.0710, the USD/CAD would face supports at 1.0700 and 1.0690. On the upside, resistances would be found at 1.0725 1.0735 and 1.0745.
Currently, USD/CAD is trading at 1.0713, down 0.18% on the day, having posted a daily high at 1.0749 and low at 1.0707. 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
Below the 1.0710, the USD/CAD would face supports at 1.0700 and 1.0690. On the upside, resistances would be found at 1.0725 1.0735 and 1.0745.