USDCAD Movement
For the 24 hours to 23:00 GMT, USD rose 0.09% against the CAD to close at 1.0007.
In the Asian session, at GMT0400, the pair is trading at 1.0013, with the USD trading 0.05% higher from yesterday’s close.
The pair is expected to find support at 0.9982, and a fall through could take it to the next support level of 0.9951. The pair is expected to find its first resistance at 1.0034, and a rise through could take it to the next resistance level of 1.0055.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
