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27 Feb 2014
USD/CAD jumps to nearly 1-week high at 1.1150
FXStreet (San Francisco) - The US dollar is currently attempting to break above the 1.1120/40 range that has been trading vs its Canadian counterpart in the last two days. The USD/CAD jumped to test the 1.1150 level, highest since February 21.
With 0.13% daily gains, the USD/CAD is currently trading at 1.1143. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
USD/CAD levels
If the pair holds above 1.1140, the USD/CAD would face resistances at 1.1150 and 1.1170 ahead of 1.1190. On the downside, supports are at 1.1115, 1.1095 and 1.1075.
With 0.13% daily gains, the USD/CAD is currently trading at 1.1143. The short term perspective remains slightly bullish according to the FXStreet trend index in the 15-minute chart. MACD, CCI and Momentum are pointing to the south while the Stochastic is neutral.
USD/CAD levels
If the pair holds above 1.1140, the USD/CAD would face resistances at 1.1150 and 1.1170 ahead of 1.1190. On the downside, supports are at 1.1115, 1.1095 and 1.1075.