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Forex: USD/CAD jumps to 1.0090

FXstreet.com (San Francisco) - The Dollar is currently trading higher across the board and against its Canadian counterpart, the Greenback is now 0.60% positive on the day. The USD/CAD has jumped around 70 pips in the latest few minutes from 1.0020 to break above the 1.0070 area and to test fresh intra-day high at 1.0090.

According to the Fxstreet.com trend index, the USD/CAD is slightly bullish with indicators such as MACD, CCI and Momentum pointing to the north while the Stochastic is bearish in the 15-minute chart.

Above the 1.0090, next supports are at the 1.100 key level, 1.0115 and 1.0130. On the downside, supports are at 1.0060, 1.0040 and 1.0015.

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