Monday, February 21, 2011

Forex – USD/CAD Up In Asian Trading Hours

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday.

USD/CAD was trading at 0.9861, up 0.32% at time of writing.

The pair was likely to find support at 0.9816, Thursday’s low, and resistance at 0.9874, Friday’s high.

Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.77% to hit 1.3573 and GBP/USD falling 0.43% to hit 1.6156.

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