Forex: USD/CAD trades at parity level ahead of Canada data

FXstreet.com (Barcelona) - A stronger greenback has taken over the market today while equities are generally down in Europe and Asian and American futures signal a lower open. Oil and gold are also losing on the day.

The USD/CAD has got back to parity again to test the 200-day MA, at 1.0007. Ahead is Canada industrial product prices and raw material prices index in February, with expected rise since the previous month.

Mataf.net analysts point to resistances at 1.0000 and 1.0030. On the downside, supports might act at 0.9975, 0.9950 and 0.9900.

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