RTTN:Euro Trades At 6-day High Against Canadian Dollar
Extending previous session's rally, the euro touched 1.3748 against the Canadian dollar around 3:00 am ET Tuesday, its highest level since June 26 and was 0.3 percent stronger than yesterday's close of 1.3710.
With the pair staying well-above its 21-day simple moving average level and the cross picking up from its recent corrective sell-offs, further bullish extension is possible with 1.3770/1.3820 seen as its next likely resistance level.