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USD/CAD got a rejection at nearly 6-month high at 1.1130

FXStreet (San Francisco) - The USD/CAD's rally topped at highs since March 26 at the 1.1130 area following an upside movement from 1.1050. Then the pair found selling interest and it was launched back to price below 1.1100.

Currently, USD/CAD is trading at 1.1094, up 0.34% on the day, having posted a daily high at 1.1130 and low at 1.1050. The FXStreet OB/OS Index is reflecting neutral hourly conditions, while the FXStreet Trend Index is slightly bullish.

USD/CAD levels

If the pair extends rejection and fall below the 1.1080, next supports are at 1.1060 and 1.1050. On the upside, resistances are at 1.1125, 1.1150 and 1.1200.

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