USD/CAD holds above 1.1760

FXStreet (San Francisco) - The US Dollar is trading sideways above 1.1760 against its Canadian counterpart as the pair rebounded from 1.1730 traded overnight. The couple remains affected by low oil prices.

Currently, USD/CAD is trading at 1.1774, up 0.20% on the day, having posted a daily high at 1.1787 and low at 1.1730. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish.

USD/CAD levels

Below the 1.1760, it will find supports at 1.1730 and 1.1700. To the upside, 1.1780, 1.1800 and 1.1810.