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Forex: US Dollar Index around 80.70

The US Dollar Index, which gauges the greenback against its major competitors, posted marginal gains in the reduced session on Monday, as the US markets are closed due to the President’s Day holiday.

The greenback climbed as high as 80.82 after the Asian close, dipping to the boundaries of 80.60 at its lowest point, just to recover later to the close levels above 80.70

The index closed at 80.72, advancing 0.06% in the day. According to tradingcentral.com, the resistance levels line up at 80.85 and 81.00 while support levels line up at 80.45, 80.23 and 80.15

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The dollar extended gains versus its Canadian counterpart on Monday, despite US and Canada markets remain closed, and printed a fresh high for 2013 as USD/CAD picked up momentum after breaking above the 1.0085 resistance level.
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