Forex: USD/CAD rises above parity

FXstreet.com (Córdoba) - The Loonie weakened against the Greenback on Wednesday as appetite for risk remained undermined after weak economic data from the euro zone and China and amid lingering concerns about Greece.

USD/CAD rose to 1.0012, its highest since Feb 16 early American session and currently is quoting around 1.0005/10 recording a 0.4% gain since opening.

As for technical levels, next resistances could be found at 1.0015, the 1.0040/50 area and 1.0070, while supports are seen at 0.9985, 0.9955 and 0.9920.

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