USDCAD Movement
For the 24 hours to 23:00 GMT, the USD declined 0.09% against the CAD and closed at 1.3061 on Friday.
In the Asian session, at GMT0300, the pair is trading at 1.3079, with the USD trading 0.14% higher against the CAD from Friday’s close.
The pair is expected to find support at 1.3054, and a fall through could take it to the next support level of 1.3030. The pair is expected to find its first resistance at 1.3091, and a rise through could take it to the next resistance level of 1.3104.
The currency pair is trading above its 20 Hr and 50 Hr moving averages.
