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

Closest support areas: 1.2509, 1.2468, 1.2426

Closest resistance areas: 1.2552, 1.2594, 1.2631

Macroeconomic data

CAD

Manufacturing Sales m/m

Wholesale Sales m/m

USD

Core Retail Sales m/m

Retail Sales m/m

Unemployment Claims

Import Prices m/m

Prelim UoM Consumer Sentiment

Business Inventories m/m

Prelim UoM Inflation Expectations

FOMC Member Mester Speaks