FXstreet.com (Barcelona) - The USD/CAD continues its week-long slide to reach a two-month low of 1.0373, down from an Asian-session-high of 1.0443 earlier today.

According to the FXMarketAlerts Team, the USD/CAD continues to probe the key 1.0432/00 support zone for now; unable to develop a U-turn at this moment in time.

Still, we are not ready to give up on the range rally idea at 1.0432/00, the FXMarketAlertsTeam said, while also adding unless the market fools us with a NY close below 1.0376.

The pair has lost over 370 pips since its Dec. 17 high of 1.0745.

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