The Canadian Dollar has been holding up fairly well this morning and is within striking distance of taking out Monday’s weekly high. With the Canadian finding little help from sluggish crude oil pricesand mixed Canadian and Chinese economic data, this sort of price action could indicate that a near-term low mayhave put in with last week’s rebound. Aggressive traders could look to approach the long side of the market on apullback toward the 87.79 support level.
