Canada's Dollar rose and broke below the 1 level momentary and currently is moving around this price. Rising price of crude oil and the prospect of higher interest rates might lead the pair for more gains. Holding below 1.0020 might lead the pair falling deeper under the 1 level. Overall, USD/CAD traded with a low of 0.9987 and with a high of 1.0046. Today, The Building Permits is expected at 2% vs. -4.9% previously and the Ivey PMI is expected at 55 vs. 51.9 previously.

USD/CAD - Last: 1.0019

Resistance

1.0020

1.0070

1.0130

Support

0.9990

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