Canada's dollar weakened against the American Dollar for a second day as Crude Oil, Canada's biggest export also declined. Trading above the support level of 1.0530 keeps the momentum positive for the pair. Overall, USD/CAD traded with a low of 1.0575 and with a high of 1.0675. Today, the Building Permits are expected at -0.4% vs. 5.4% previously.

USD/CAD-Last: 1.0656

Resistance

1.0670

 
 

Support

1.0580

1.0530

 

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