Dollar retreat from 1.0390/95 resistance area, tested on Thursday for the fourth time, has been halted at 1.0310 session low, as the Dollar jumped to 1.0365 after the release of Canadian GDP Data.
The pair is approaching 1.0390/95 resistance (Jul 27/28/29 highs), with next resistance levels above here, at 1.0445 (Jul 23 high) and 1.0505 (Jul 21/22 high). On the downside, support levels lie at 1.0300 (Jul 28/29 lows), and below here, 1.0255 (Jul 27 low) and 1.0180 (Jun 22 low).
Canadian economy advanced at a 0.1% pace in May, following a flat performance in April, below market expectations of a 0.2% growth.
The pair is approaching 1.0390/95 resistance (Jul 27/28/29 highs), with next resistance levels above here, at 1.0445 (Jul 23 high) and 1.0505 (Jul 21/22 high). On the downside, support levels lie at 1.0300 (Jul 28/29 lows), and below here, 1.0255 (Jul 27 low) and 1.0180 (Jun 22 low).
Canadian economy advanced at a 0.1% pace in May, following a flat performance in April, below market expectations of a 0.2% growth.
USD/CAD (Jul 30 at 16:31 GMT)
1.0273/83 (-0.90%)
H 1.0377 L 1.0264
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.0248 | 1.0274 | 1.0300 | 1.0328 | 1.0354 | 1.0380 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Jul 30 at 16:15 (15-minute timeframe) | |
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