The Canadian Dollar rose for a third day, the longest winning streak in almost a month, as Crude Oil, the nation's biggest export, increased and investors sought the currencies of nations with relatively strong balance sheets. As long the USD/CAD below 1.0600 levels a short position is preferred. Overall, USD/CAD traded with a low of 1.0364 and with a high of 1.0516. Today, Trade Balance is expected to rise from 0.3B to 0.7B, BOC Gov Carney Speaks.

USD/CAD-Last: 1.0424

Resistance

1.0453

1.0520

1.0590

Support

1.0364

 
 

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