• USD/CAD is rising towards the key resistance at 1.2506. - TopicsExpress

• USD/CAD is rising towards the key resistance at 1.2506. Hourly support can be found at 1.2314 (22/01/2015 low) and 1.2115 (20/01/2015 high). • In the longer term, the technical structure looks like a rounding bottom whose maximum upside potential is given by the strong resistance at 1.3065 (09/03/2009 high). A key support stands at 1.1803 (15/01/2015 low), whereas a key resistance lies at 1.2506 (21/04/2009 high).

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