The currency pair surged on Tuesday and broke out 1.2509. USD/CAD stays below this level at press time.

Closest support areas: 1.2468, 1.2426, 1.2389

Closest resistance areas: 1.2509, 1.2552, 1.2594

Macroeconomic data

CAD

Manufacturing Sales m/m

BOC Monetary Policy Report

BOC Rate Statement

Overnight Rate

BOC Press Conference

USD

PPI m/m

Core PPI m/m

Fed Chair Powell Testifies

Beige Book