Forex: USD/CAD bounces at 1.0230, back to 1.0280

After falling around 80 pips from 1.0315 to test the March low at 1.0230, the USD/CAD bounced at this level to trade back above the 1.0250 and reach levels around 1.0280. Currently the pair is trading at 1.0275, 0.17% below opening price.

The MACD, CCI and Momentum indicators are bearish while the Stochastic is bullish in the 1-hour chart. Next supports come at 1.0230, 1.0215 and 1.0200. On the upside, resistances are at 1.0290, 1.0315 and 1.0330.