The Canadian Dollar rose for a second consecutive day as equities and crude oil rose, making the currencies of commodity producers more attractive. If the pair will sustain the 1.6020 as a resistance downtrend acceleration could be seen to the 1.0480 area. Overall, USD/CAD traded with a low of 1.0564 and a high of 1.0640. No economic data expected today.

USD/CAD - Last: 1.0575

Resistance

1.0625

1.0640

1.0685

Support

1.0565

1.0525

1.0460

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