The Canadian dollar extended early advance against the other major currencies in European deals on Tuesday.

The loonie strengthened to a 4-day high of 90.77 against the yen, from near a 2-week low of 89.33 hit in the previous session.

The loonie reversed from an early 6-day low of 0.9276 against the aussie, edging up to 0.9230.

The loonie advanced to 4-day highs of 1.3213 versus the greenback and 1.4744 against the euro, reversing from an early low of 1.3309 and a 5-day low of 1.4922, respectively.

The loonie is likely to locate resistance around 1.30 against the greenback, 92.00 against the yen, 1.45 against the euro and 0.90 against the aussie.

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