Canadian dollar (CAD)

Canada's dollar traded at almost the lowest level in more than a month versus its U.S. counterpart and underperformed its commodity linked peers as global stocks and oil fluctuated. The USD/CAD is in an uptrend and a break above the 1.06 level is expected. Overall, USD/CAD traded with a low of 1.0531 and with a high of 1.0611.No economic data expected today.

USD/CAD - Last: 1.0550

Resistance

1.0620

1.0675

1.0730

Support

1.0535

1.0490

1.0465

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