The Canadian dollar drifted higher against the Australian dollar and the euro in European deals on Monday.

The loonie edged up to 1.3104 against the euro and 0.9493 against the aussie, off early low of 1.3225 and a 4-day low of 0.9555, respectively. The next possible resistance for the loonie is seen around 1.30 against the euro and 0.925 against the aussie.

The material has been provided by InstaForex Company – www.instaforex.com