USDCAD Movement
For the 24 hours to 23:00 GMT, USD declined 0.61% against the CAD to close at 0.9890.
In the Asian session, at GMT0400, the pair is trading at 0.9888, with the USD trading 0.02% lower from yesterday’s close.
The pair is expected to find support at 0.9841, and a fall through could take it to the next support level of 0.9795. The pair is expected to find its first resistance at 0.9937, and a rise through could take it to the next resistance level of 0.9987.
The currency pair converging with its 20 Hr and trading below its 50 Hr moving averages.
