The currency pair plunged on Friday and broke down 1.2117. USD/CAD stays above this level at press time.

Closest support areas: 1.2117, 1.2078, 1.2028

Closest resistance areas: 1.2154, 1.2156, 1.2233

Macroeconomic data

CAD

Housing Starts

Foreign Securities Purchases

USD

Empire State Manufacturing Index

NAHB Housing Market Index

FOMC Member Clarida Speaks

FOMC Member Bostic Speaks

FOMC Member Clarida Speaks