The Canadian Dollar gained versus the Dollar reaching its highest rate in more than a year as Canadian's Unemployment Rate came out surprisingly lower than expected. Unemployment Rate came out 8.4%, lower than 8.8% expected and 8.7% prior. Employment Change showed employers hired 30.6K workers, higher than 4.9K expected. Overall, USD/CAD traded with a low of 1.0410 and with a high of 1.0551. Today is Thanksgiving Day in Canada and Banks which facilitate the majority of Forex volume will be closed.

CAD/USD - Last: 1.0430 

Resistance

1.0485

1.0515

1.055

Support

1.041

1.038

1.033

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