There are no major economic reports in Canada but the US will publish GDP, Goods Trade Balance, Unemployment Claims and Continuing Claims.
The pair is finding support at 1.41720 with resistance at 1.43100 which the weekly pivot point at 1.42460 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 100 and the EMA of 200. The RSI is moving below 50 level, the MACD line is below the signal line in the negative territory and the Stochastic is moving in low ranges. The ADX is showing weak sell signal. The price is in the Ichimoku Cloud and below the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Short positions are recommended towards 1.40800.