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Forex pairs in this Article » USD/CAD (Barcelona) - The USD/CAD has been steadily edging lower from the week's opening price around 0.9800, reaching as low as 0.9726 over the European session today. The pair seems to find firm support at the 0.9740 level however, and currently trades quiet consolidated around 0.9750 at time of writing, as the market awaits the upcoming US retail sales and PPI data.

If the USD/CAD manages to break below the day's previously mentioned low, expect further support to present itself at 0.9711 (Daily Low Jun 10), 0.9684 (21-Day Lower Bolli) and 0.9667 (Daily Low Jun 1). Above, resistance is placed at 0.9799 (Daily High Jun 13), 0.9821 (Daily High Jun 8) and 0.9823 (21 Day Upper Bolli).
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