USDCAD Movement
For the 24 hours to 23:00 GMT, the USD rose 0.83% against the CAD and closed at 1.3331.
In the Asian session, at GMT0300, the pair is trading at 1.3328, with the USD trading a tad lower against the CAD from yesterday’s close.
The pair is expected to find support at 1.3246, and a fall through could take it to the next support level of 1.3165. The pair is expected to find its first resistance at 1.3372, and a rise through could take it to the next resistance level of 1.3417.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
