USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.33% against the CAD and closed at 1.3125.
In the Asian session, at GMT0300, the pair is trading at 1.3089, with the USD trading 0.27% lower against the CAD from yesterday’s close.
The pair is expected to find support at 1.3051, and a fall through could take it to the next support level of 1.3014. The pair is expected to find its first resistance at 1.3154, and a rise through could take it to the next resistance level of 1.322.
The currency pair is trading below its 20 Hr and 50 Hr moving averages.
