USD/CAD tests the 1.1030 again

FXStreet (San Francisco) - The USD/CAD pressures the daily high around 1.1030, having retraced from it already 3 times in the past few hours; finding also buyers at 1.1020. The pair maintains the positive intraday tone.

Currently, USD/CAD is trading at 1.1027, up 0.03% on the day, having posted a daily high at 1.1033 and low at 1.1005. USD/CAD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bullish.

USD/CAD levels

Above the 1.1030, the USD/CAD would find next supports at 1.1040 and 1.1070. On the downside, supports are seen at 1.1020, 1.1010 and 1.0995.