"Small dollars continue falling along with oil that hovers around 74.00 dollars a barrel and gold that remains just above the 920.00 zone. , the pair lost 0.05% from its opening price at 1.2617, reaching 1.2656 as highest and 1.2504 as lowest, to close the day at 1.2610.According to Zorine Bednarik, collaborator, USD/CAD is under pressure on high oil and gold prices.

Indicators in 4 hours charts shown the pair a bit exhausted, so clear move under 1.2620 will indicate the strong. Above this zone, consider resistances at 1.2700 and 1.2765. USD/CAD breaks 1.2575 and tests to be above 1.2700 (Barceloan) - USD/CAD has jumped up slighly from the small range between 1.2630/75 that has been traded since the beginning of the European session. The pair has reached the 1.2706 level after rising from 1.2630 last hour.Currently, USD/CAD is rising around 0.40% from the opening price at 1.2609. The pair is trading now at 1.2650/70. USD/CAD is attempting to break above the key congestion zone around 1.2668/75. Stocks slid 100 points at the opening in Wall Street, triggering more risk aversion and sending investors to dollar safe haven.

Today's lowest and highest are 1.2609 and 1.2715.