The U.S. dollar strengthened against the Canadian dollar in the Asian session on Tuesday.
Against the loonie, the greenback rose to nearly a 3-1/2-month high of 1.2667. At yesterday’s close, the greenback was trading at 1.2649 against the loonie.
If the greenback extends its uptrend, it is likely to find resistance around the 1.28 area.
The material has been provided by InstaForex Company – www.instaforex.com