USD/CAD trades at highest level since June 2012

USD/CAD has traded at fresh 2013 highs and the highest level since early June 2012. The pair has traded up to highs of 1.0396 so far. The pair initially retested the 2013 high on the back of the strong US data earlier today before dipping to find support at the 1.0365-70 region. Stops are expected above the 1.0400-10 region with a break above then targeting the 2012 high at 1.0446.

USDCADweekly28may

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