The Canadian dollar recovered from its recent lows against most major currencies in the Asian session on Monday.
The Canadian dollar rose to 1.2915 against the U.S. dollar and 92.49 against the yen, from recent 4-day lows of 1.2946 and 92.03, respectively.
Against the euro, the loonie edged up to 1.4675 from a recent 4-day low of 1.4726.
If the loonie extends its uptrend, it is likely to find resistance around 1.27 against the greenback, 95.00 against the yen and 1.43 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com