USDCAD Movement
On Friday, the USD rose 0.30% against the CAD to close at 1.0451.
In the Asian session, at GMT0400, the pair is trading at 1.0437, with the USD trading 0.13% lower from Friday’s close.
The pair is expected to find support at 1.0410, and a fall through could take it to the next support level of 1.0383. The pair is expected to find its first resistance at 1.0463, and a rise through could take it to the next resistance level of 1.0489.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
