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Daily Analysis for USDCAD, 30.10.2012 October 30, 2012

The single currency USD rose with 0.14% against the CAD during the last twenty-four period and reached the level of . In the Asian trading session, the currency pair USDCAD is holding at 1.0013, with the USD trading increasingly higher from yesterday’s close. The pair is supposed to find support at 0.9991, and if it breaks this level, it will head to the next support level of 0.9968. The pair is expected to find its first resistance at 1.0027, and going over could take it to the next resistance level of 1.0042.



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