USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0471, in a holiday-thin trade.
In the Asian session, at GMT0400, the pair is trading at 1.0482, with the USD trading 0.11% higher from yesterday’s close.
The pair is expected to find support at 1.0466, and a fall through could take it to the next support level of 1.0451. The pair is expected to find its first resistance at 1.0493, and a rise through could take it to the next resistance level of 1.0505.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
