For the 24 hours to 23:00 GMT, the USD rose 0.42% against the CAD to close at 1.3088.
In the Asian session, at GMT0400, the pair is trading at 1.3073, with the USD trading 0.12% lower from yesterday’s close.
The pair is expected to find support at 1.3028, and a fall through could take it to the next support level of 1.2984. The pair is expected to find its first resistance at 1.3111, and a rise through could take it to the next resistance level of 1.3149.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.