The Dollar extended its decline against the Canadian Dollar. Canada's dollar increased to the highest level in February as crude oil advanced. The Manufacturing Sales came out 1.6% worse than expected 2%. Holding below 1.0480 levels might extend gains in the Canadian Dollar to 1.0320 zones. Overall, USD/CAD traded with a low of 1.0408 and with a high of 1.0497. Today, The Wholesale is expected at 0.6% vs. 2.5% previously.

USD/CAD - Last: 1.0444

Resistance

1.0480

1.0500

1.0545

Support

1.0375

1.0335

1.0315

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