The currency pair surged on Wednesday and tested 1.2843. USD/CAD stays above this level at press time.

Closest support areas: 1.2843, 1.2813, 1.2780

Closest resistance areas: 1.2878, 1.2911, 1.2950

Macroeconomic data

CAD

BOC Gov Macklem Speaks

USD

Advance GDP q/q

Advance GDP Price Index q/q

Unemployment Claims