The Canadian Dollar erased its loss against the Dollar as stocks recovered from the lowest levels of the day, easing investors' risk aversion. As long the USD/CAD below 1.0300 levels a short position is preferred. Overall, USD/CAD traded with a low of 1.0224 and with a high of 1.0323. Today, Wholesale Sales are expected at 0.4% vs. 1.4% prior.

USD/CAD-Last: 1.0269

Resistance

1.0320

1.0390

1.0450

Support

1.0224

 
 

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