For the 24 hours to 23:00 GMT, the USD rose 0.22% against the CAD and closed at 1.3665 on Friday.
In the Asian session, at GMT0300, the pair is trading at 1.3658, with the USD trading 0.05% lower against the CAD from Friday’s close.
The pair is expected to find support at 1.3619, and a fall through could take it to the next support level of 1.3579. The pair is expected to find its first resistance at 1.3707, and a rise through could take it to the next resistance level of 1.3755.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.