Forex Trader

US dollar recovered strongly today vs Canadian dollar and holiday in Canada maybe helped!? You can see that the pair has reached resistance from May 07./08./11. at 1.2150/65 today with gain of 150 pips for now. Can the pair brake that and continue pushing toward 1.2350/400? Above this resistance, there is another at 1.2180/200, the resistance from May 01./04. and higher at 1.2185/205, just before the strong resistance at 1.2350/400, previous support from February. Interesting holi’day’ today, the week could be interesting here.