The currency pair plunged on Monday and broke down 1.2697. USD/CAD stays below this level at press time.

Closest support areas: 1.2669, 1.2631, 1.2594

Closest resistance areas: 1.2697, 1.2726, 1.2754

Macroeconomic data

USD

Import Prices m/m

Unemployment Claims

Fed Chair Powell Speaks