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Euro Rises To 6-day High Against Canadian Dollar

8/21/2012 3:58 AM ET

After moving broadly sideways in the Asian session, the euro edged higher against its Canadian counterpart in early European session on Tuesday.

The common currency climbed to a 6-day high of 1.2248 against the loonie around 3:40 am ET, up almost 40-pips from Monday's North American closing value of 1.2208.

If the euro-loonie pair strengthens further, likely resistance is seen around the 1.2280/1.23 area.

by RTT Staff Writer

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