USD/CAD

The US Dollar v/s the Canadian Dollar is a popular currency pair due to the large amount of cross-border trading activity that takes place between The United States and Canada. The Canadian Dollar is often called 'The Loonie' because of the picture depicting a loon on the Canadian $1 coin. The Canadian Dollar is often considered a 'Commodity Currency' due to the large deposits of natural resources, especially Oil that is mined and exported from Canada; particularly with their neighbor to the south.

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SUPPORT & RESISTANCE

USD/CAD
Silver Prices Begin to Outpace Gold - Not a Good Sign for USD

S1	1.2781	W	R3	1.3404	S
S2	1.2759	M	R2	1.3251	M
S3	1.2750	S	R1	1.2899	W

Trend

Neutral

Volatility

73%