USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.23% against the CAD and closed at 1.3300.
In the Asian session, at GMT0300, the pair is trading at 1.3274, with the USD trading 0.2% lower from yesterday’s close.
The pair is expected to find support at 1.3233, and a fall through could take it to the next support level of 1.3193. The pair is expected to find its first resistance at 1.3329, and a rise through could take it to the next resistance level of 1.3385.
The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.
