Forex News

Canadian dollar strengthened against major currencies

The Canadian dollar strengthened against its main competitors during the early European session on Monday.
The Canadian rose to a weekly high of 1.3188 against the US dollar and a more than 2-week high of 86.06 against the yen, against early lows of 1.3268 and 85.61, respectively.
The Canadian rose to 0.9716 against the Australian, relative to an early more than 4-month low of 0.9775.
The Canadian dollar strengthened to a 6-day high of 1.4989 against the euro, against an early low of 1.5042.
The next possible resistance for the Canadian dollar can be found in the area of ​​1.30 against the US dollar, 87.5 against the yen, 0.96 against the Australian and 1.48 against the euro.