RTTN:Australian Dollar Trades Above 0.96 Against Canadian Dollar
The Australian dollar extended its 2-day winning streak against its Canadian counterpart in late Asian deals Wednesday, rising above the key 0.96 level for the first time since July 18.
Next major levels to watch for the aussie-loonie pair on the upside are 0.9640/50, 0.97 and finally 0.9760, at which the 38.2 percent retracement and 100-day simple moving average levels meet.
