CAD Trading Higher In The Asian Session
GCI Financial | Aug 28, 2015 03:05AM ET
For the 24 hours to 23:00 GMT, the USD declined 0.78% against the CAD and closed at 1.3196.
In the Asian session, at GMT0300, the pair is trading at 1.317, with the USD trading 0.2% lower from yesterday’s close.
The pair is expected to find support at 1.3126, and a fall through could take it to the next support level of 1.3081. The pair is expected to find its first resistance at 1.3256, and a rise through could take it to the next resistance level of 1.3341.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
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