The Canadian dollar continued to be lower against most major rivals in European deals on Tuesday.

The loonie weakened to 1.3201 against the greenback, a level not seen since October 2.

The loonie that ended yesterday’s trading at 1.4542 against the euro and 92.05 against the yen slipped to 5-day lows of 1.4592 and 91.20, respectively.

The next support levels for the loonie may be located around 1.33 against the greenback, 1.465 against the euro and 90.00 against the yen.

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