Canadian dollar (CAD)

 

The Canadian Dollar strengthened against the U.S Dollar breaking the support level of 0.9900 and in now located at a two and a half year low - since May 2008. The next support level on the daily chart is still located at 0.9825. The trend is bearish, but expecting a correction for today. Overall, USD/CAD traded with a low of 0.9891 and with a high of 0.9949. Today, no major economic data is expected.

 

USD/CAD - Last: 0.9886

 

Resistance

0.9900

0.9950

1.0000

Support

0.9800

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