FXstreet.com (Barcelona) - The USD/CAD is falling below the 1.2700 level after having tested the 1.2725 resistance on the US better than expected current account data in the early American session.

The USD has fallen more than 55 pips against the CAD from the 1.2726 to the 1.2665 in the last hour. Along the European session, the USD/CAD has been trade inside the 65 pips range from the 1.2660 and 1.2725.

USD/CAD is under pressure on the better than expected US current account and a US CPI data expected