The currency pair plunged on Wednesday and tested 1.2509. USD/CAD stays above this level at press time.

Closest support areas: 1.2509, 1.2468, 1.2426

Closest resistance areas: 1.2552, 1.2594, 1.2631

Macroeconomic data

CAD

ADP Non-Farm Employment Change

Manufacturing Sales m/m

USD

Core Retail Sales m/m

Retail Sales m/m

Philly Fed Manufacturing Index

Unemployment Claims

Empire State Manufacturing Index

Capacity Utilization Rate

Industrial Production m/m

Business Inventories m/m

NAHB Housing Market Index

FOMC Member Bostic Speaks

FOMC Member Daly Speaks