8 Jul 2014
USD/CAD finds support at 1.0670
FXStreet (San Francisco) - After being rejected at July's highs around 1.0695, the USD/CAD traded lower to find support at 1.0670 where the pair continues to price in consolidation mode around 1.0680.
Currently, USD/CAD is trading at 1.0678, down 0.06% on the day, having posted a daily high at 1.0696 and low at 1.0668. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
USD/CAD levels
If the pair rises above 1.0680, it would face further resistances around 1.0695 and 1.0695. On the downside, supports are at 1.0670, 1.0660 and 1.0620.
Currently, USD/CAD is trading at 1.0678, down 0.06% on the day, having posted a daily high at 1.0696 and low at 1.0668. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish.
USD/CAD levels
If the pair rises above 1.0680, it would face further resistances around 1.0695 and 1.0695. On the downside, supports are at 1.0670, 1.0660 and 1.0620.