FXstreet.com (Barcelona) - The USD is falling against the CAD ahead the 4Q US GDP, and the USD/CAD is testing the 1.2250 support.
The USD/CAD has fallen 80 pips in the last three hours from 1.2328, today's high, to 1.2246, today's low, to test the 1.2250 support level. Currently, the pair is trading around 1.2250/70.
Next support could be 1.2214, yesterday's low, and 1.2195, as March 19, 23 and 24 low. Resistances could come at 1.2300, 1.2328 and 1.2350.