Canada's dollar reached 6 week high level versus its U.S. counterpart before a NFP report today testing the 1.01 zone but not yet strong enough to hold there. Breaking below the support level of 1.0130 might extend the negative trend of the pair. Overall, USD/CAD traded with a low of 1.0106 and with a high of 1.0185. Today, The Employment Change is expected at 10.3k vs. 93.2k previously. The Unemployment Rate is expected unchanged at 7.9%. The Ivey PMI is expected at 56.3 vs. 58.9 previously.

USD/CAD - Last: 1.0161

Resistance

1.0180

1.0225

1.0270

Support

1.0110

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