USDCAD Movement
On Friday, for the 24 hours to 23:00 GMT, USD rose 0.24% against the CAD to close at 0.9996.
In the Asian session, at GMT0400, the pair is trading at 1.0004, with the USD trading 0.08% higher from Friday’s close.
The pair is expected to find support at 0.9977, and a fall through could take it to the next support level of 0.9950. The pair is expected to find its first resistance at 1.0021, and a rise through could take it to the next resistance level of 1.0038.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
