The Canadian Dollar weakened and traded at an almost 22-month high versus the Dollar before the nation's central bank meets next week to determine interest rates. USD/CAD has been trading downwards since February as long it's below 1.0100 a short position is preferred. The main support is located at 0.9950. Overall, USD/CAD traded with a low of 0.9963 and with a high of 1.0036. Today, Manufacturing Sales are expected at 1.0% vs. 2.4% prior.

 USD/CAD - Last: 1.0043

Resistance

1.0066

Support

1.0012

0.9995

0.9950

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