For the 24 hours to 23:00 GMT, the USD rose 0.21% against the CAD and closed at 1.3132.
In the Asian session, at GMT0400, the pair is trading at 1.3111, with the USD trading 0.16% lower against the CAD from yesterday’s close.
The pair is expected to find support at 1.3080, and a fall through could take it to the next support level of 1.3048. The pair is expected to find its first resistance at 1.3146, and a rise through could take it to the next resistance level of 1.3180.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.