The currency pair attempted to decline on Wednesday and established new local lows. USD/CAD has reached 1,3181, but stays above in the moment of writing. We have a clear bullish divergence on the chart.

Closest support areas: 1,3181, 1,3150, 1,3116

Closest resistance areas: 1,3214, 1,3256, 1,3289

Macroeconomic data

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