The Canadian Dollar rose for the first time in three days after a pledge by Federal Reserve Chairman Ben S. Bernanke to leave interest rates low for an extended period boosting commodity linked currencies. If it breaks above 1.06 levels a long position is preferred. Overall, USD/CAD traded with a low of 1.0510 and with a high of 1.0593. No economic data expected today.

USD/CAD - Last: 1.0558

Resistance

1.0595

1.0635

Support

1.051

1.0425

1.037

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