FXstreet.com (Barcelona) - The Loonie’s corrective movement is headed to 1.0300 line against the greenback and printing consecutive new lows. Germany’s unchanged CPI didn’t turned the pair around and now investors are waiting for US Home Sales data to be released.

At the moment of writing, the USD/CAD is quoting at 1.0308, down from 1.0440 opening price, and 1.0474 Friday’s close. Next target after 1.0300 psychological level would be Nov-21 low, at 1.0273.

According to Mataf.net analysts, resistance points are at 1.0490, 1.0430 and 1.0380, while supports may be found at 1.0190, followed by 1.0280 and 1.0320.