The pair is falling 215 pips, trading at 1.0536, right now. If the Canadian GDP come in better than expected, the loonie could climb. The price is now consolidating with the 200 days MA, while the bands of Bollinger show a volatility of 100 pips in the hour, while the 14 period RSI is on a neutral zone.If the trend stays to the downside, the nearest support is at 1.0540, while above the resistance is at 1.0600.