The currency pair plunged on Monday and broke down 1.2147. USD/CAD stays below this level at press time.

Closest support areas: 1.2092, 1.2045, 1.1992

Closest resistance areas: 1.2147, 1.2192, 1.2229

Macroeconomic data

CAD

Housing Starts

USD

BOE Gov Bailey Speaks

Core Retail Sales m/m

PPI m/m

Retail Sales m/m

Core PPI m/m

Empire State Manufacturing Index

Industrial Production m/m

Capacity Utilization Rate

Business Inventories m/m

NAHB Housing Market Index