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USD/CAD unable to sustain gains above 1.1250

FXStreet (San Francisco) - The USD/CAD's rally from 1.1190 priced overnight climbed to break above 1.1250 and to trade as high as 1.1260 where the pair found selling interest just at the US American opening; however, the pair is trading back now at 1.1220.

Currently, USD/CAD is trading at 1.1233, still up 0.28% on the day, having posted a daily high at 1.1260 and low at 1.1187. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

USD/CAD levels

If the pair extends rejection beyond 1.1220, it will face next supports at 1.1185 and 1.1170. On the upside, resistances are at 1.1260, 1.1270 and 1.1300.

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