USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.35% against the CAD to close at 1.1763.
In the Asian session, at GMT0400, the pair is trading at 1.1743, with the USD trading 0.17% lower from yesterday’s close.
The pair is expected to find support at 1.1711, and a fall through could take it to the next support level of 1.1678. The pair is expected to find its first resistance at 1.1795, and a rise through could take it to the next resistance level of 1.1846.
The currency pair is trading just below its 20 Hr and 50 Hr moving averages.
