The currency pair plunged on Wednesday and broke down 1.2631. USD/CAD stays above this level at press time.

Closest support areas: 1.2631, 1.2594, 1.2552

Closest resistance areas: 1.2669, 1.2697, 1.2726

Macroeconomic data

CAD

Housing Starts

ADP Non-Farm Employment Change

Foreign Securities Purchases

Wholesale Sales m/m

USD

Core Retail Sales m/m

Retail Sales m/m

Philly Fed Manufacturing Index

Unemployment Claims

Business Inventories m/m