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Gold •20 mins	2,328.90	-13.20	-0.56%
Platinum •20 mins	912.80	-10.00	-1.08%
WTI Crude •10 mins	82.83	-0.53	-0.64%
Gasoline •10 mins	2.733	+0.008	+0.29%
Ethanol •3 hours	2.161	+0.000	+0.00%
Silver •20 mins	27.23	-0.14	-0.50%

Silver • 20 mins	27.23	-0.14	-0.50%
Copper • 20 mins	4.484	+0.024	+0.54%
Brent Crude • 10 mins	88.03	-0.39	-0.44%
Natural Gas • 10 mins	1.657	-0.155	-8.55%
Heating Oil • 12 mins	2.554	-0.025	-0.97%

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USD/CAD: Bullish Breakout at 1.0100

By - Feb 19, 2013, 6:15 AM CST

USD/CAD has broken its resistance at 1.0100. The next resistance is given by the declining channel. Hourly supports can be found at 1.0058 (18/02/2013 low) and 1.0000 (14/02/2013 low).

The break of the resistance at 1.0100 has stopped our short strategy.

We see the rise from 0.9633 (14/09/2012 low) as a countertrend move. A key resistance is between 1.0232 (25/07/2012 high) and 1.0250 (12/07/2012 high). A test of the support at 0.9633 (14/09/2012 low) is likely in the long-term.

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