Canadian dollar (CAD)

The Canadian Dollar rose against the US dollar, reaching a high for the month, as the greenback showed weakness across the board. Breaking the 0.9850 support zone might extend further weakness in the pair. Overall, USD/CAD traded with a low of 0.9846 and with a high of 0.9909. Today, the Trade Balance is expected at -2B vs. -1.7B previously.

USD/CAD - Last: 0.9863

Resistance

0.9890

0.9950

1.0020

Support

0.9850

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