Canadian dollar (CAD)

Canada's dollar gained against the U.S Dollar, and the pair went back to trading below parity as the protests in Egypt quieted down and boosted demand for riskier assets. Only breaking the support level of 0.9850 might extend the decline in this pair, otherwise a rebound could be seen. Overall, USD/CAD traded with a low of 0.9898 and with a high of 1.0008. No economic data is expected today.

USD/CAD - Last: 0.9890

Resistance

0.9900

0.9930

1.0030

Support

0.9840

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