USDCAD Movement
For the 24 hours to 23:00 GMT, USD declined 0.06% against the CAD to close at 1.0471.
In the Asian session, at GMT0400, the pair is trading at 1.0488, with the USD trading 0.17% higher from yesterday’s close.
The pair is expected to find support at 1.0454, and a fall through could take it to the next support level of 1.0419. The pair is expected to find its first resistance at 1.0507, and a rise through could take it to the next resistance level of 1.0527.
The currency pair is trading just above its 20 Hr and 50 Hr moving averages.
