Canadian dollar (CAD)

The Canadian Dollar erased half of its advance versus the Dollar as crude oil in the end of the US session weakened. The USD/CAD was very stable during yesterday, as long as the rate below 1.0000 the Canadian Dollar is still more attractive, the next support level on the one hour chart is located at 0.9920 .Overall, USD/CAD traded with a low of 0.9915 and with a high of 0.9955. No major economic data expected today.

USD/CAD - Last: 0.9960

Resistance

0.9965

Support

0.9930

0.9915

0.9860

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