The Canadian Dollar reached the highest level in almost 2 weeks versus the Dollar after a report showed the nation's economy GDP grew at the fastest pace in three years in January , coming out at 0.6% vs. 0.5% forecast. USD/CAD has been trading downwards since February as long it's below 1.0300 a short position is preferred. Overall, USD/CAD traded with a low of 1.0127 and a high of 1.0198. No economic data expected today.

 USD/CAD - Last: 1.0138

Resistance

1.0167

1.0220

1.0250

Support

1.0125

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