USDCAD Movement
For the 24 hours to 23:00 GMT, USD rose 0.06% against the CAD to close at 0.9878.
In the Asian session at 3:00GMT, the Canadian Dollar is trading at 0.9873, marginally higher against the greenback from yesterday’s close at 23:00 GMT.
The first area of short term resistance is observed at 0.9912, followed by 0.9951 and 1.0053. The first area of support is at 0.9810, with the subsequent supports at 0.9747 and 0.9645.
The currency pair is showing convergence with its 20 Hr and its 50 Hr moving averages.
