The currency pair went upwards on Monday and has broken out the resistance at 1,4102. USD/CAD stays above this level at the moment of writing.

Closest support areas: 1,4158, 1,4102, 1,4056

Closest resistance areas: 1,4216, 1,4270, 1,4316

Macroeconomic data

CAD

Core Retail Sales m/m

Retail Sales m/m

USD

Existing Home Sales