USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.55% against the CAD to close at 1.2507.
In the Asian session, at GMT0400, the pair is trading at 1.2543, with the USD trading 0.29% higher from yesterday’s close.
The pair is expected to find support at 1.2487, and a fall through could take it to the next support level of 1.2430. The pair is expected to find its first resistance at 1.2608, and a rise through could take it to the next resistance level of 1.2673.
The currency pair is trading between its 20 Hr and 50 Hr moving averages.
