FXstreet.com (Córdoba) – On Tuesday pairs related with commodities reached fresh 7-month high during the American session. CAD, NZD and AUD rose together with U.S. markets.
AUD/USD topped at 0.7881 and then pullback to 0.7860. The pair closed the day at the highest11 level since October 2. NZD/USD ended above 0.6240 for the first time since October 10th. Hours ago the pair achieved fresh 7-month high at 0.6258. Next resistance zone is located at 0.6345 (October 14 high).
USD/CAD rallied during the American session breaking below previous 7-month low bottoming at 1.1154. The dollar failed to recovery after topping at 1.1350. From there the pair fell almost 200 pips to actual levels. The pair has fallen the last six of seven days.
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