After reversing from its highs achieved last week, the USD/CAD has found what appears to be durable short-term support and moved upwards this morning.
The USD/CAD is trading near the 1.30045 vicinity of this writing. After falling through the 1.30000 mark on the 8th of July, in early trading this Monday the USD/CAD currency pair has been able to muster upwards bullish behavior and is again threatening key resistance levels which if toppled could spark additional speculative action to the upside.
