The Canadian Dollar dropped the most in seven weeks versus the Dollar as stocks tumbled after the Securities and Exchange Commission sued Goldman Sachs Group Inc. USD/CAD has broken the resistance at 1.0100 as long it trades above this level a long positions is preferred. Overall, USD/CAD traded with a low of 1.0003 and with a high of 1.0164. Today, Foreign Securities Purchases are expected to weak from 11.83B to 8.65B.

 USD/CAD - Last: 1.0160

Resistance

1.0165

Support

1.0088

1.0000

0.9950

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