CAD: Quiet summer activity may continue today as well – RBC CM

Research Team at RBC Capital Markets, notes that the USD/CAD has traded off its lows despite a rebound in crude oil prices.

Key Quotes

“The quiet summer activity may continue today as well, as there are no data releases scheduled in Canada. Support is located at 1.2860 and 1.2813, with resistance at 1.2965 and 1.2997.”