Canadian Dollar (CAD)

The Canadian Dollar gained slightly versus the Dollar as commodities advanced modestly. Overall, USD/CAD traded with a low of 1.0455 and a high of 1.0549. USD/CAD is holding above the 1.04 support level and the RSI is in a bullish trend line. Unless the 1.04 level is breached downwards the pair is destined to continue toward the 1.07 resistance. No economic data expected today.

USD/CAD - Last: 1.0470

Resistance

1.0540

1.0580

1.0630

Support

1.0455

1.0400

1.0365

CADUSD

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