FXStreet (Córdoba) - USD/CAD continued to push higher and broke above the 100-hour SMA to fresh highs, as the Canadian dollar slumped in sync with oil prices in an otherwise very quiet session. USD/CAD climbed through the 1.39 mark and reached a daily peak of 1.3915 during the New York session before losing momentum. The pair has retreated slightly from highs and it was last trading at 1.3898, recording a 0.51% daily gain. Despite the recent pullback, USD/CAD continues to trade near its 11-year peak of 1.4000 scored ten days ago. USD/CAD levels to watch On the upside, if USD/CAD breaks above 1.3915 (Dec 28 high), next resistances are seen at 1.3935 (Dec 23 high) and 1.3993/1.4000 (Dec 22 & 18 highs/psychological level). On the downside, supports could be found at 1.3811 (Dec 28 low), 1.3777 (Dec 17 low) and 1.3727 (Dec 16 low). For more information, read our latest forex news.