Current Account data will be released in Canada but there will be no reports in the US.
The pair is finding support at 1.32790 with resistance at 1.33020 which both lines are above the weekly pivot point at 1.32730. The EMA of 10 is moving with bullish bias in the ascendant channel and it is located above the EMA of 200 and the EMA of 100. The RSI is moving on 50 level, the MACD line is on the signal line in the neutral territory and the Stochastic is moving in high ranges. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The price may fall towards 1.32600 but USDCAD will be growing towards 1.33200 eventually.
