USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0525.
In the Asian session, at GMT0400, the pair is trading at 1.0534, with the USD trading 0.09% higher from yesterday’s close.
The pair is expected to find support at 1.0508, and a fall through could take it to the next support level of 1.0481. The pair is expected to find its first resistance at 1.0573, and a rise through could take it to the next resistance level of 1.0611.
The currency pair is trading just below its 20 Hr and 50 Hr moving averages.
