- Resistance: 1.0570
- Support: 1.520
- The USD/CAD continued to tumble, heading back to its thirty year low at 1.0470 last reached on Friday. For almost three weeks the USD/CAD price action was tightly range bound until recently, when the pair conformed to its longer term downward trend.
See Daily Technicals for more details:
http://www.dailyfx.com/story/dailyfx_reports/daily_technicals/British_Pound_and_Kiwi_at_1182168713222.html