The Canadian dollar continued to trade firm against its most major rivals in Europe on Wednesday.

The loonie hit a 1-week high of 1.4252 against the euro and a 3-day high of 102.48 against the yen, from yesterday's closing values of 1.4351 and 99.93, respectively.

The loonie edged up to 1.1568 against the greenback, off early low of 1.1647.

If the loonie extends rise, it may find resistance around 1.15 against the greenback, 105.00 against the yen and 1.415 against the euro.

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