Canadian dollar (CAD)

The Canadian dollar traded mostly unchanged against the dollar in a tight range of 50 pips, fluctuating around the 0.99 zones and attempting to determine further trend. Holding above the support level of 0.9840 might rebound the pair back to parity. Overall, USD/CAD traded with a low of 0.9849 and with a high of 0.9900. Today, The Foreign Securities Purchases are expected at 7.22B vs. 8.01B previously. The Leading Indicators Index is expected at 0.3% vs. 0.5% previously, and Manufacturing Sales are expected at 2.3% vs. -0.8% previously.

USD/CAD - Last: 0.9880

Resistance

0.9900

0.9920

0.9985

Support

0.9850

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