Daily Review Canadian dollar (CAD) 24/11/2009

24 November 2009 @ 04:24 am EDT

The Canadian Dollar currency jumped against the US Dollar as the Core Retail Sales came out 1.1% better than expected 0.4%. The rise in gold and crude oil raised the demand of currencies tied to commodity prices. Overall, USD/CAD traded with a low of 1.0538 and with a high of 1.0707. Today, No economic data expected.

USD/CAD - Last: 1.0590

Resistance

1.0630

1.0665

1.0690

Support

1.0540

1.0505

1.0475

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