Canada's Dollar fell from the highest level this month as a downgrade of Greece increased the concerns that the global economic recovery might be at slower pace than expected. Trading above the 1.0270 level might increase the American dollar strength. Overall, USD/CAD traded with a low of 1.0222 and with a high of 1.0345. Today, the Labor Productivity is expected unchanged at 1.4% and the Manufacturing Sales are expected at 0.3% vs. 1.2% previously.

USD/CAD-Last: 1.0302

Resistance

1.0350

1.0450

1.0520

Support

1.0285

1.0220

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