The European currency strengthened against the Canadian dollar ahead of European session on Thursday.
Against the loonie, the euro rose to a 2-day high of 1.4211 from an early low of 1.4169. At yesterday’s close, the euro was trading at 1.4184 against the loonie.
If the euro extends its uptrend, it is likely to find resistance around the 1.43 area.
The material has been provided by InstaForex Company – www.instaforex.com