Friday, January 4, 2013

UFX Markets : Canadian Dollar (CAD)


Canadian Dollar (CAD)
The Canadian Dollar was one of the best performers of the day, rallying versus the US Dollar amid optimism in the markets. Technically, the outlook for the USD/CAD is bearish as long as the pair keeps trading below the 0.99 resistance level. No major economic data is expected to be released today in Canada.
Last: 0.9855


Resistance0.98700.99000.9930
Support0.98350.98100.9780


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