The currency pair plunged on Monday and tested 1.2352. USD/CAD stays above this level at press time.

Closest support areas: 1.2352, 1.2313, 1.2272

Closest resistance areas: 1.2389, 1.2426, 1.2468

Macroeconomic data

CAD

Building Permits m/m

USD

IBD/TIPP Economic Optimism