The currency pair surged on Tuesday and broke out 1.2387. USD/CAD stays above this level at press time.

Closest support areas: 1.2387, 1.2354, 1.2313

Closest resistance areas: 1.2424, 1.2462, 1.2486

Macroeconomic data

CAD

GDP m/m

IPPI m/m

RMPI m/m

USD

FOMC Member Bostic Speaks

ADP Non-Farm Employment Change

Chicago PMI

Pending Home Sales m/m

FOMC Member Barkin Speaks