The currency pair surged on Thursday and tested 1.2552. USD/CAD stays below this level at press time.

Closest support areas: 1.2509, 1.2468, 1.2427

Closest resistance areas: 1.2552, 1.2594, 1.2631

Macroeconomic data

CAD

Housing Starts

Foreign Securities Purchases

Wholesale Sales m/m

USD

Building Permits

Housing Starts

Prelim UoM Consumer Sentiment

Prelim UoM Inflation Expectations