Canadian dollar Has shown its strength against USD on November 1, but started a correction by the end of Thursdays’ session. The currency pair has tested 1,3080 but then reversed after the appearance of hammer pattern. The currency pair went above this area and stays there in the moment of writing.
The resistance areas are the following: 1,3098, 1,3113, 1,3132
The support areas can be found at: 1,3080, 1,3056, 1,3035
Macroeconomic data for November 2
Canadian Employment change
Canadian Unemployment rate
US average hourly earnings data m/m
US non-farm payrolls
US Unemployment rate
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