Forex: USD/CAD falls to test 0.9910

FXstreet.com (Cincinnati) - The US Dollar is extending its decline against the Canadian and currently is posting 0.45% so far today. The USDCAD fell around 40 pips in the American session from 0.9950 to break 0.9920 support and reach the lowest level since October 25 at 0.9910.

Currently the pair is at 0.9917. Technically speaking the USDCAD faces calculated support at 0.9910, 0.9875, and 0.9840. On the ascension, a break above the 0.9965 handle will trigger correctional measures at the resistances of 0.9990 up towards 1.0010.