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2 Jul 2014
USD/CAD consolidates gains around 1.0660
FXStreet (San Francisco) - The USD/CAD traded on positive note in the Wednesday's morning amid upbeat ADP numbers; following a 45-pip upside movement, the USD/CAD left behind nearly 6 month lows at 1.0625 to trade at 1.0670.
Currently, USD/CAD is trading at 1.0664, up 0.31% on the day, having posted a daily high at 1.0672 and low at 1.0623. USD/CAD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/CAD levels
If the pair manages to extend recovery, it would face next resistances at 1.0670, 1.0690 and 1.0700. n the other hand, supports are at 1.0660, 1.0640 and 1.0625.
Currently, USD/CAD is trading at 1.0664, up 0.31% on the day, having posted a daily high at 1.0672 and low at 1.0623. USD/CAD spot is in overbought territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bullish.
USD/CAD levels
If the pair manages to extend recovery, it would face next resistances at 1.0670, 1.0690 and 1.0700. n the other hand, supports are at 1.0660, 1.0640 and 1.0625.