Canada released Wholesale Sales MoM and the US will publish New Home Sales MoM and API Crude Oil Stock Change.
The pair is finding support at 1.33500 with resistance at 1.33740 which the weekly pivot point at 1.33570 is located in between the lines. The EMA of 10 is moving with bearish bias in the descendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving on the 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is showing upward momentum. The ADX is showing buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
The indicators are showing mixed signals. The resistance level breakout will push the price up towards 1.33900; otherwise, USDCAD will be fluctuating within the support and resistance area.