The currency pair surged on Thursday and broke out 1.2092. USD/CAD stays above this level at press time.

Closest support areas: 1.2092, 1.2045, 1.1992

Closest resistance areas: 1.2147, 1.2192, 1.2229

Macroeconomic data

CAD

Employment Change

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Ivey PMI

USD

Fed Chair Powell Speaks

Average Hourly Earnings m/m

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Factory Orders m/m