Forex: USD/CAD slides to 1.0800 after testing 1-month high levels at 1.0852

03 November 2009 @ 07:56 am EDT

FXstreet.com (Barcelona) - The Dollar has risen around 100 pips in the European session against the Canadian from MA55 hourly chart and intra-day low at 1.0755 to test highest levels since Oct 2 at 1.0850. Currently, the pair is sliding to test 1.0800 level in a consolidation movement.

USD/CAD is trading around 1.0795/1.0805, 0.35% above today's opening price action at 1.0765.

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