Canada's dollar rose to the highest level this year as crude oil, the major export of the country, rose above $86 a barrel, boosting the demand of commodity linked currencies. If the pair holds below the 1.0080 zone, it might break the 1.0000 level downwards. Overall, USD/CAD traded with a low of 1.0009 and with a high of 1.0104. No economic data is expected today.

USD/CAD - Last: 1.0019

Resistance

1.0040

1.0070

1.0110

Support

1.0013

0.9970

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